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 parcel, #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 all 3 parcels contiguous bringing total acreage to approx. 6 acres. 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 housing is a possible option.
Sold Real Estate Similar to 11 Spencer & 363,365 Olcott, Manchester, CT 06042
1769 Tolland, Manchester, CT
$1,300,000
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This real estate listing for sale at 11 Spencer & 363,365 Olcott has 5.55 acres. 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: $2,492
Taxes: $892
Insurance: $0
HOA: $0
Utilities: $0
Downpayment: $20,125
