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Tolland Office Building Conversion Opportunity
For Sale
$2,799,900

303 Merrow Road, Tolland, CT 06084

34,000 SF Class B office primed for self-storage conversion.

Property Size33,778 SF
Lot Size15.32 Acres
Price / SF$82.89
Days on Market563

Property Features for 303 Merrow Road

General Information

Standard status Active
Size 33,778 SF
Lot size 15.32 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $42,193

Building Details

Year Built 1987
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: Mark Riesbeck · License #RES.0798345
Source: Exitrealty
Added: Jan 22, 2025 Changed: Aug 8 Last Checked: Apr 5 at 10:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway NE Prop.

Investment Insights

Based on property information with market context.

Located at 303 Merrow Road in Tolland, CT, this 34,000-square-foot Class B office space presents an exceptional investment opportunity. The property is newly primed for conversion into a self-storage facility, due to recently approved zoning amendments and a strong market outlook. The property is strategically located just off Route 195, approximately 1 mile from I-84 and 5.5 miles from the UConn Storrs campus. Newly approved zoning opens up a range of potential uses, including self-storage, retail, personal and professional services, hospitality, and mixed-use development. A Pre-Development Self-Storage Site & Market Feasibility Study conducted by Self Storage 101 proposes a combination of drive-up, non-climate-controlled units on the open land and climate-controlled, interior-access units within the existing building.

Key Highlights

  • Pre‑approved for self‑storage conversion with recent zoning amendments.
  • 34,000 sq ft Class B office space ideal for self‑storage or other development.
  • Strategic location near Route 195, I‑84, and UConn Storrs campus.

Property Analytics

Current Use

The CNA Preparatory School, ... Vocational School

Suggested Use

Top Pick Building Supply Auto Repair Shop Pharmacy Electrical Service Law Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 06084, CT

14,598
Population
5,375
Households
2.7
Avg Household Size
44
Median Age
56%
College-Educated
98%
High-School Grad
40.1 sq mi
ZIP Area
364
Density / Sq Mi
$135,688
Median Household Income
$70,807
Median Earnings
$1,459
Median Rent
$332,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - 34,000 SF Class B office primed for self-storage conversion.
Where is this self storage facility located?
The property is located at 303 Merrow Road Tolland, CT.
What is the asking price?
The asking price for this property is $2,799,900.
What are key features of this property?
This property features: Pre‑approved for self‑storage conversion with recent zoning amendments.; 34,000 sq ft Class B office space ideal for self‑storage or other development.; Strategic location near Route 195, I‑84, and UConn Storrs campus.
More about this property
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