11 Spencer & 363,365 Olcott Street, Manchester, CT 06042

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
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11 Spencer & 363,365 Olcott Street,Manchester, CT 06042
$575,000
  • 5.55 Acres
  • Lots / Land
  • Pending
Listed by:dick borden
Office:borden-lombardi realty, llc
MLS#:170298631
Source:CT

Price summary

  • Price:$575,000

About this home

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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Home facts

  • Listing Id #:170298631
  • Added:188 day(s) ago
  • Updated:July 10, 2025 at 02:48 PM

Structure and exterior

  • Lot area:5.55 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$575,000
  • Tax amount:$11,456 (July 2025-June 2026)
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