11 Spencer & 363,365 Olcott Street Manchester, CT $ 575,000
11 Spencer & 363,365 Olcott Street
$ 575,000
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11 Spencer & 363,365 Olcott Street

Manchester, CT, 06042
$ 575,000
Baths0.0

Monthly Estimate*

$ 4,017

11 Spencer & 363,365 Olcott Street, Manchester, CT 06042 - Image 1
11 Spencer & 363,365 Olcott Street, Manchester, CT 06042 - Image 2
11 Spencer & 363,365 Olcott Street, Manchester, CT 06042 - Image 3
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Studio

Lots and Land for sale in Manchester, CT

for $575,000. The lot size is 5.55.

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.

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Lots and Land Pending

Price

$ 575,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Commercial Land

Lot Size

5.55

Town/City

Manchester

MLS | Web ID

170298631

Features
General
Zoning General Business
Neighborhood N/A
County Hartford
Property SubType Commercial Land
Tax Year July 2023-June 2024
Location Highway Access Suburban Shopping Mall Strip Mall Other
Property Type Lots and Land For Sale
Status Under Contract
Acres 5.55
Directions Hartford Road to corner of Spencer and Olcott
High School Per Board of Ed
City Manchester
Street Name Spencer & 363 365 Olcott
Elementary School Per Board of Ed
DOM 732
Video Tour Y/N 1
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Exterior
Water Source Public Water Connected
Lot Description Level Lot Sloping Lot Treed
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Interior
Utilities Available Electric Gas Phone Available Cable
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Internal Only
Street Number 1 11
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* Excluded Features
List By
Richard S. Borden

Listing Agent

Borden-Lombardi Realty, Llc

Broker

r.borden@cox.net

Email

Affordability Calculator

$4,017
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,017
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
896384 Elementary School
895528 Middle School
Per Board Of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2022$575,000 Listed Price

Map


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11 Spencer & 363,365 Olcott Street, Manchester, CT, 06042 is a Lots and Land for sale at $575,000 with a lot size of 5.55. 11 Spencer & 363,365 Olcott Street is a studio with 0.0 baths. The property's zip code is 06042 which is in Manchester, CT