New Listing - 01/20/2025

$2,799,900

Est. Mortgage $13,792/mo *

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303 Merrow Road, Tolland, CT, 06084

303 Merrow Road, Tolland, CT, 06084
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0 beds

1 Full / 4 Half baths

1987

33,778 sqft

Exceptional investment opportunity at 303 Merrow Road, Tolland, CT. This 34,000-square-foot Class B office space is newly primed for conversion into a self-storage facility, thanks to recently approved zoning amendments and a strong market outlook. With the groundwork already in place, this property represents a unique opportunity to capitalize on the growing demand for self-storage in the Tolland area. Property Overview * Location: Strategically located just off Route 195, the property is only 1 mile from I-84 and 5.5 miles from the UConn Storrs campus. This highly accessible location connects to a wide customer base, including residents, businesses, and schools. * Zoning Flexibility: Newly approved zoning opens up a range of potential uses, making this property highly versatile. Options include self-storage, retail, personal and professional services, hospitality, mixed-use development, and more. * Development Potential: A Pre-Development Self-Storage Site & Market Feasibility Study conducted by Self Storage 101 has provided a detailed analysis of this opportunity. The study proposes a combination of drive-up, non-climate-controlled units on the open land and climate-controlled, interior-access units within the existing building. The included OM provides further information on these findings and recommendations.

Status:

Active

Type:

Commercial

Units:

1

Zoning:

NCZ

Frontage:

State Road

Heating:

Hot Air

Cooling:

Central Air

Acreage:

15.32

Est. Taxes:

$66,147

Assessment

$1,751,300

Permitted Use

Self-Storage, Office, Industrial

Utilities

Electric,Telephone,Cable

Lot Description:

Sloping Lot

Days on Market:

1

MLS #:

24069977

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Mark Riesbeck, Berkshire Hathaway NE Prop. Email: markriesbeck@bhhsne.com