BHGRE Bannon & Hebert
Lori Geraci, BHGRE Bannon & HebertPhone: (203) 910-0997
Email: [email protected]

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listing
1 of 34
CommercialFor Sale
$3,490,900
62-68 & 70 Merrow Drive
Tolland, CT 06084
Courtesy of Berkshire Hathaway NE Prop.
MLS: Smart MLS
Est. Mortgage
$18,119/mo

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.

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Information courtesy of Berkshire Hathaway NE Prop. is subject to verification and is not guaranteed. Listing Data Last Updated 11/02/2024 05:22 PM
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