Tolland CT Real Estate & Commercial for Sale

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. Key amenities include more than 50 existing parking spaces with ample room for expansion, many updates made since its original construction in 1963, 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.

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!!

Class B Office Space located on Rte 195 in Tolland, 1 mile from I-84 and 5.5 miles from UConn Storrs. Building houses the research and advisory firm Nerac and is located in the Technology Campus Zone. Multi-purpose office space also supports several startup companies within a Venture Incubator capitalizing on the proximity to the UConn Storrs campus and the growing emphasis on the successful commercialization of new innovations and emerging technologies coming from university research and student focused entrepreneurial programming. The property can used used for the following designations either through a Permitted Site Plan or a Special Permit: Retail, Personal, & Professional Service, Hospitality, Commercial Office, Commecial Laboratory & R&D, Residential & Mixed Use Development, Institutional, Public & Recreational, Agriculture & Natural Resources.

Also available as land lease $100,000/year NNN Parcel marked restaurant section see attached map. Public Water & Sewer. Traffic Count: 11,200 on Merrow, 101,600 on 84 Also available Hotel site $1,750,000. 10% discount if both are purchased.

Also available Restaurant site $1,500,000. 10% discount if both are purchased. Parcel marked hotel section see attached map. Public Water & Sewer. Traffic Count: 11,200 on Merrow . 101,600 on 84

Proposed Hotel, Restaurant, Multi Family, and Retail Site. On 26+ acres zone TVA-GD Public water & sewer available. Merrow Rd Frontage: 530Ft., I-84 Frontage 1,960. Traffic count: 77,700 (on 84) 14,500 (on Merrow Rd /195)