Skip To Content

11 Spencer & 363,365 Olcott Street

Manchester, CT 06042
  • $575,000
  • STATUS: Active Under Contract
  • ON SITE: 1285 Days
  • MLS #: 170176547
Under Contract
UPDATED: 21 min ago
$575,000
  • 0
    BEDS
  • 5.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,063
    SQFT
  • $142
    $/SQFT
Type:
Commercial
Built:
1936
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-10-04T21:10:22.113.
www.foreverhomesrealestate.net/homes/93146454
Print Image

11 Spencer & 363,365 Olcott Street Manchester, CT 06042

  • Price: $575,000
  • Status: Active Under Contract
  • On Site: 1285 Days
  • Updated: 21 min ago
  • MLS #: 170176547
0
Beds
0
Baths
0
½ Baths
5.55
Acres
4,063
SQFT
$142
$/SQFT
1936
Built
County:
Hartford
Area:
Manchester
Property Description
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.
Exterior Features

Construction Description FrameMasonry Foundation Type ConcreteMasonry Lot Description Level LotSloping LotTreed Parking Spaces Uncovered 10 Parking Total Spaces 11 Road Frontage Approximate 560 Road Frontage Description Municipal StreetPaved Road Roof Information Asphalt ShingleOther

Interior Features

Cooling System Window Unit Flooring ConcreteTileVinylWood Heat Type Hot AirSteam Restrooms Number Of 2

Property Features

ADACompliant YN No Bank Owned Property Yn No Commercial Category IndustrialInvestmentOfficeRetail Documents Available Legal Description Electic Amperage 100 Electic Volts 120240 Exclusions N/A Flood Zone Yn No Garage Parking Info Attached GarageDrivewayOff Street Parking Heat Fuel Type Natural GasOil Location Highway AccessSuburbanShopping MallStrip MallOther Possession Availability Negotiable Potential Short Sale Yn No Potential Use General Business Zone Present Use Retail & Residential Property Tax 10392 Sewage System Public Sewer Connected Sign Yn Yes Subdividable Ynu Unknown Tenants Number Of 2 Utilities Available ElectricGasPhone AvailableCable Water Source Public Water Connected Zoning General Business

Listing information © 2022 Smart MLS
Listing provided courtesy of Dick S Borden of Borden-Lombardi Realty, Llc: (860) 463-8103.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-10-04T21:10:22.113.
 
Logo
Forever Homes Real Estate, LLC
147 Durham Rd Suite 12a
Madison CT, 06443