303 Merrow Rd Tolland, CT 06084

Property Details for 303 Merrow Rd

Lot size

15.32 lot acres

Zone code

NCZ

Property type

Commercial real estate

APN

TOLL M:28 B:B L:11-00

APU

TOLLM28BBL1100

Description

This exceptional 33,778-square-foot commercial property at 303 Merrow Road, Tolland, CT, presents a unique investment opportunity. Situated on a 15.32-acre lot, this Class B office space is ideally positioned for conversion into a self-storage facility, following recently approved zoning amendments. The property boasts a highly desirable location, just off Route 195, one mile from I-84, and 5.5 miles from the University of Connecticut Storrs campus, ensuring convenient access for a broad customer base encompassing residents, businesses, and students. The newly approved zoning allows for a variety of uses beyond self-storage, including retail, personal and professional services, hospitality, and mixed-use development, offering significant flexibility and future potential. A comprehensive Pre-Development Self-Storage Site & Market Feasibility Study, conducted by Self Storage 101, provides a detailed analysis of the self-storage conversion opportunity. This study proposes a strategic mix of drive-up, non-climate-controlled units on the open land, and climate-controlled, interior-access units within the existing building. Further details and recommendations are available in the provided owner's manual. This property offers a compelling combination of location, zoning flexibility, and development potential, making it an attractive investment prospect in a thriving market. The asking price is $2,799,900.

Location Insight

City

Tolland

County

Tolland

State

Connecticut

Longitude

-72.3437

Latitude

41.8578

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments