Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$575,000
11 Spencer & 363,365 Olcott Street
Manchester, CT 06042
Courtesy of Borden-Lombardi Realty, LLC
MLS: SmartMLS
Est. Mortgage
$3,068/mo

This prime location listing is for a total of 5.55 acres in 3 parcels of ~560 ft of frontage on Spencer St and over 13,000 vehicles per day (according to CT DOT), which must be sold as one package. #363 Olcott St. is .45 acre and is vacant land, #365 Olcott St. is .23 acre and has a residential home on site, #11 Spencer St. is 4.87 acres and has a small 810 sf retail building and a residential home on site. All tenants on month to month leases. See attached info. High traffic area with easy access to Interstate Highways - 384 or 84. There is a traffic signal at this corner - Olcott and Spencer. PLEASE NOTE THE OWNERS ARE WORKING WITH THE TOWN AND THERE IS AGREEMENT TO ABANDON OLCOTT STREET WEST WHICH WILL MAKE THE TOTAL ACREAGE APPROXIMATELY 6 ACRES AND ALL 3 PARCELS WILL BE CONTIGUOUS. Property has excellent potential for commercial or business development due to General Business Zone. There is a need for housing in Manchester and an approval for elderly housing is a possible option.

Get in touch
Information courtesy of Borden-Lombardi Realty, LLC is subject to verification and is not guaranteed. Listing Data Last Updated 11/30/2021 03:29 PM
Community / School Information