About 11 Spencer & 363,365 Olcott Street
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.
Features of 11 Spencer & 363,365 Olcott Street
| MLS® # | 170298631 |
|---|---|
| Price | $575,000 |
| Acres | 5.55 |
| Type | Lots and Land For Sale |
| Sub-Type | Commercial Land |
| Status | Under Contract |
Community Information
| Address | 11 Spencer & 363,365 Olcott Street |
|---|---|
| Area | N/A |
| City | Manchester |
| County | Hartford |
| State | Connecticut |
| Zip Code | 06042 |
Amenities
| Utilities | Electric, Gas, Phone Available, Cable |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Level Lot, Sloping Lot, Treed |
|---|
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | May 27th, 2020 |
|---|---|
| Days on Market | 924 |
| Zoning | General Business |
| RE / Bank Owned | No |
Listing Details
| Office | Borden-Lombardi Realty, LLC |
|---|