288 Merrow Road

Tolland, Connecticut 06084

Status
For Sale
Square Feet
5,500
Beds
0
Price
$400,000
Type
Commercial For Sale
Garages
Baths
4
MLS
24008151

Price

$400,000

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Interior Details

Interior Size
5,500 Sq Ft
Bedrooms
0
Bathrooms
4
Rooms Total
Garage

Exterior Details

Lot Size
2.11 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer In Street,Septic
Construction
Construction
Cooling
Attic Fan,Ceiling Fans

Other Information

Property Tax
$7,078
Assessed Value
$189,600
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

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!!
Listed by Home Selling Team, Brian McCarthy. Data sourced from SmartMLS

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