11 Olcott St Manchester, CT 06042
Property Features for 11 Olcott St
General Information
- Standard status
- Active
- Lot size
- 5.55 Acres
Source:
Exprealty
Listing Agency: Borden-Lombardi Realty, LLC Listing Agent: Dick Borden
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Location Development Opportunity
This listing features a 5.55-acre property comprising three parcels, to be sold as a single package. The property includes approximately 560 feet of frontage on Spencer Street, which experiences over 13,000 vehicles daily according to CT DOT data. The parcels consist of 0.45 acres at 363 Olcott St., 0.23 acres at 365 Olcott St. with a residential home, and 4.87 acres at 11 Spencer St. which includes a small 810 square foot retail building and a residential home. All tenants are currently on month-to-month leases. The location offers convenient access to Interstate Highways 384 and 84, and benefits from a traffic signal at the corner of Olcott and Spencer. The owners are working with the town with an agreement to abandon Olcott Street West, which will make all 3 parcels contiguous bringing total acreage to approximately 6 acres. Zoned for General Business, the property presents excellent potential for commercial or business development. Given the need for housing in Manchester, residential development is also a possible option. The General Business Zone and prime location of this corner parcel with a traffic signal poses an excellent opportunity for a viable business/commercial development proposal.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.550227
- Latitude
- 41.774337
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 5.55 acres in Manchester, CT with high traffic volume.
Where is this commercial land located?
The property is located at 11 Olcott St Manchester, CT.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: - Prime location with HIGH TRAFFIC COUNT (over 13,000 vehicles per day) and a traffic signal at the corner of Olcott and Spencer.; - Total of 5.55 acres (potentially 6 acres) in a General Business Zone, suitable for commercial or business development.; - Easy access to Interstate Highways 384 and 84.