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 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.
-
0BEDS
-
5.55ACRES
-
0BATHS
-
01/2 BATHS
School Information
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 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.
© 2021 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Phoenix | Keller Williams of Greater Hartford. Data last updated: 2021-01-16T20:09:54.6.