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.
Sold Real Estate Similar to 11 Spencer & 363,365 Olcott, Manchester, CT 06042
243 Main, Manchester, CT
$1,300
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This real estate listing for sale at 11 Spencer & 363,365 Olcott is presently used as with 4063 total sqft and was built in 1936. It is located in the Manchester, CT area with the 06042 zip code. For more info about the property at 11 Spencer & 363,365 Olcott, Manchester, CT 06042 or if you would like to schedule a showing, please contact the listing agent above.
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Mortgage: $3,669
Taxes: $892
Insurance: $0
HOA: $0
Utilities: $0
Downpayment: $20,125
