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$4,500,000
19 Days Online

62-68 & 70 Merrow Drive
Tolland, CT 06084

For Rent|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
26,173
SqFt
$172
/SqFt
1964
Built
County:
Tolland
Listing courtesy of Robert Rosa of Berkshire Hathaway NE Prop.

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62-68 & 70 Merrow Drive62-68 & 70 Merrow Drive62-68 & 70 Merrow Drive62-68 & 70 Merrow Drive
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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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Listing Snapshot
Price 
$4,500,000
Days Online 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
26,173 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1964
MLS® Number 
24015802
Status 
Active
Property Tax 
$56,383
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Parking 
PavedOff Street Parking
Parking Spaces 
50
Sewer 
Public Sewer
Water 
Public
Utilities 
Electricity AvailablePhone Available
Zoning 
COM
Interior Features
Cooling 
Central AirZoned
Heating 
Zoned
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Exterior Features
Roof 
AsphaltMembrane
Spa 
No
Exterior 
Doors - 10-15 ftAwningsGuttersLightingOutside Storage AreaPole SignDoor Sign
Lot 
Additional Land Avail.DryCleared
Road Frontage 
State Road
Listing courtesy of Robert Rosa of Berkshire Hathaway NE Prop.



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.

Neighborhood & Commute
Source: Walkscore
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