303 Merrow Road

Tolland, Connecticut 06084

Status
For Sale
Square Feet
33,778
Beds
0
Price
$2,799,900
Type
Commercial For Sale
Garages
Baths
5
MLS
24069977

Price

$2,799,900

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Interior Details

Interior Size
33,778 Sq Ft
Bedrooms
0
Bathrooms
5
Rooms Total
Garage

Exterior Details

Lot Size
15.32 Acres
Roof
Membrane
Sewer
Public Sewer In Street,Septic
Construction
Construction
Cooling
Central Air

Other Information

Property Tax
$66,147
Assessed Value
$1,751,300
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

Exceptional investment opportunity at 303 Merrow Road, Tolland, CT. This 34,000-square-foot Class B office space is newly primed for conversion into a self-storage facility, thanks to recently approved zoning amendments and a strong market outlook. With the groundwork already in place, this property represents a unique opportunity to capitalize on the growing demand for self-storage in the Tolland area. Property Overview * Location: Strategically located just off Route 195, the property is only 1 mile from I-84 and 5.5 miles from the UConn Storrs campus. This highly accessible location connects to a wide customer base, including residents, businesses, and schools. * Zoning Flexibility: Newly approved zoning opens up a range of potential uses, making this property highly versatile. Options include self-storage, retail, personal and professional services, hospitality, mixed-use development, and more. * Development Potential: A Pre-Development Self-Storage Site & Market Feasibility Study conducted by Self Storage 101 has provided a detailed analysis of this opportunity. The study proposes a combination of drive-up, non-climate-controlled units on the open land and climate-controlled, interior-access units within the existing building. The included OM provides further information on these findings and recommendations.
Listed by Berkshire Hathaway NE Prop., Mark Riesbeck. Data sourced from SmartMLS

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