Tolland, CT 06084,288 Merrow Road

$351,500

$400,000

12.1%
Est.Price: ?

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Est. payment /mo

4 Baths

5,500 SqFt


SOLD DATE : 06/07/2024

Key Details

Sold Price $351,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $63

MLS Listing ID 24008151

Sold Date 06/07/24

Full Baths 1

Half Baths 3

Year Built 1946

Annual Tax Amount $7,078

Lot Size 2.110 Acres

Property Description

Take advantage of a rare opportunity to own a property in Tolland's commercial corridor. This area is just beginning its 'next growth' of commercial and mixed use projects. This location is fantastic for any general contractors, and business owners currently renting where the work!! Including, plumbers, electricians, HVAC, automotive industry, landscaping companies, etc., etc. 4000 square feet of mixed use space for warehousing, equipment, office space and/or mixed use conversion. The single family house can converted to office space , used as-is as home business or can be immediately rented for $1800-$2200 per month. Additional buildings could potentially be rented between $1000-$2000. Income potential easily offsets monthly carrying costs and may even create a positive cash flow. A good property to buy and hold for the long game. GREAT signage already existing from previous 30 year plus business Eastern Well Drilling company who is now retired. Signage can be expanded in accordance with town signage regulations for MORE roadside brand recognition. Tolland is a an easy to work with town and is interested in continuing to create small business opportunities and to build it's tax base. Owner MAY consider financing. Schedule you're appointment today!!

Location

State CT

County Tolland

Zoning TCZ NCZ

Interior

Interior Features Living Space Available, Loading - Grade, Public Restrooms

Heating Baseboard, Wall Unit, Wood/Coal Stove, Zoned

Cooling Attic Fan, Ceiling Fans

Exterior

Exterior Feature Storage Building, Sidewalk, Doors - 10-15 ft, Lighting, Loading Dock/Grade, Outside Storage Area, Pole Sign, Doors - under 10 ft

Garage Parking Lot, Off Street Parking, Unpaved

Utilities Available Electric, Telephone, Cable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot, Cleared

Story 2

Foundation Concrete

Sewer Public Sewer In Street, Septic

Water Public Water In Street, Private Well

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Listed by Brian McCarthy • Home Selling Team
Bought with Brian McCarthy • Home Selling Team

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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