288 Merrow Road Tolland, CT 06084
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!!

property details
Interior Features
Exterior Features
Level
Parking Lot
Unpaved
Utility & Building Info
Attic Fan
Wood
Baseboard
Zone
Price History
date | event | price | source |
---|---|---|---|
06/10/2024
06/10/2024
|
Sold |
$351,500
|
Smart MLS |
05/21/2024
05/21/2024
|
Pending |
$400,000
|
Smart MLS |
04/09/2024
04/09/2024
|
Active |
$400,000
|
Smart MLS |
Market Trends
Source: Constellation1
Mortgage Calculator
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}