$400,000

288 Merrow Road, Tolland, CT 06084, US

Summary

Bedrooms: 0
Full Baths: 1
Half Baths: 3
Sq Ft: 5500
Year Built: 1946

Agent Contact

Moving Quotes

primary photo for 288 Merrow Road, Tolland, CT 06084, US

Remarks

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!!

Details

MLS#: 24008151
Price: $400,000

Bedrooms: 0
Baths Full: 1
Baths Half: 3
Sq Ft: 5500
Year Built: 1946

County: Tolland

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Broker Contact


Home Selling Team
Put Our Team to Work for You and You'll be SOLD On Us!
452 Storrs Road (Route 195)
Mansfield Center, CT, 06250
US
Brian McCarthy
! (860) 456-7653
! brian@homesellingteam.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by SmartMLS, Inc.
Last updated: 2024-04-09T22:30:43.000-04:00.
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