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EXECUTIVE SUMMARY
Special find in Tolland CT! Located 3 minutes from the highway and 10 minutes from UCONN. 2nd floor of this building has 2 Spacious modern apartments with private entrances. The first floor is 2 separate rental units of office space that can be joined together depending on your needs. There is also a 2-car garage on the property for additional rental income. Apartment unit 201 has 2 bedrooms, a newer kitchen, a dining room, living room with Fireplace, cathedral ceiling and slider to cover deck. Apartment 202 has 2 bedrooms huge living room with cathedral ceiling on the 1st floor, one unit has two offices, a conference room and a half bath. The other unit has a 29x25 office, three other flexible use rooms and bath. Rents Include all utilities and maintenance. Great investment or owner-occupied opportunity
Landlord presently uses both commercial spaces for his businesses. One will be relocating prior to closing. The other one will be leased for one year then going month to month with 60-day notice to landlord as to end date.
Landlord presently uses both commercial spaces for his businesses. One will be relocating prior to closing. The other one will be leased for one year then going month to month with 60-day notice to landlord as to end date.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
4,900 SF
Building Class
C
Year Built
1986
Price
$699,900
Price Per SF
$142.84
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,450 SF
Building FAR
0.02
Lot Size
6.25 AC
Zoning
NCZ
Parking
20 Spaces (4.08 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | TOLL-000028-D000000-000025-000001 | Improvements Assessment | $188,800 |
| Land Assessment | $96,300 | Total Assessment | $285,100 |
PROPERTY TAXES
Parcel Number
TOLL-000028-D000000-000025-000001
Land Assessment
$96,300
Improvements Assessment
$188,800
Total Assessment
$285,100
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284 Merrow Rd
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