$3,490,900
62-68 & 70 Merrow Drive Tolland, CT 06084
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,490,900
Est. payment /mo
26,173 SqFt
UPDATED:
10/17/2024 11:37 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,173 sqft
Price per Sqft $133
MLS Listing ID 24015802
Year Built 1964
Annual Tax Amount $56,383
Property Description
Located directly off Interstate 84, this exceptional commercial property in Tolland, CT, offers strategic positioning with direct access from both ongoing and exit ramps. Situated just across from a commuter lot and popular eateries such as Dunkin Donuts, this site guarantees high visibility and traffic, making it a prime location for any business. The property features two well-maintained buildings on a generous plot of over 4.5 acres, with three parcels sold together, opening up considerable opportunities for expansion or redevelopment. Currently, the site hosts a variety of tenants including Subway, NAPA Auto Parts, a liquor store, a pizza restaurant, a cafe, and two residential apartments, ensuring a diverse and steady rental income. This would include Electric Blue. Key amenities include more than 50 existing parking spaces with ample room for expansion, central air conditioning in both buildings, tenants independently managing utilities with options for propane gas or oil heating, and connection to public water and sewer systems. Additionally, over 2,550 sq ft of lower-level space is available for development, offering potential for additional income. Located near the University of Connecticut and various shopping destinations, this property not only benefits from its current tenancy and features but also from its potential for further development, making it ideal for investors and developers seeking a property with significant growth prospects.
Location
State CT
County Tolland
Zoning COM
Interior
Heating Zoned
Cooling Central Air, Zoned
Exterior
Exterior Feature Doors - 10-15 ft, Awnings, Gutters, Lighting, Outside Storage Area, Pole Sign, Door Sign
Garage Paved, Off Street Parking
Utilities Available Electric, Phone Available
Roof Type Asphalt Shingle,Membrane
Building
Lot Description Additional Land Avail., Dry, Cleared
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Robert Rosa • Berkshire Hathaway NE Prop.
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