Tolland CT Commercial for Sale
$950,000
62 Merrow Road Tolland, CT 06084
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 24020529
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Step into ownership of one of New England's hottest spots for adult entertainment. This upscale cabaret offers a prime opportunity for savvy investors, featuring a fully equipped kitchen with a full menu of quality food, top-shelf liquor, a wide array of draft beer and cocktails, and a host of exceptional amenities. The cabaret boasts dancers, stage performances, VIP rooms, a professional DJ, and attentive waitresses, ensuring an unforgettable experience for patrons. Known as Connecticut's best, this establishment enjoys a great location directly off I-84 in Tolland, with easy access via an ongoing and exit ramp. The property includes plenty of parking and is connected to public water and sewer systems. The cabaret spans over 2,500 square feet and has undergone many updates, including a high-end sound system, new flooring, updated plumbing and electrical systems, and recent renovations. With no other adult clubs in the area, this business stands out as a unique and highly profitable venture, offering instant positive cash flow. In addition to the cabaret, the plaza and land are also available for sale separately or as part of a combined deal. Located close to UCONN, the area attracts a steady stream of visitors and locals alike, further enhancing the business's profitability and potential for growth. Don't miss this rare opportunity to own a top-tier adult entertainment venue in a prime location with high profitabilitability and recent updates.
$4,500,000
62-68 & 70 Merrow Drive Tolland, CT 06084
- Type:
- General Commercial
- Sq.Ft.:
- 26,173
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1964
- Baths:
- MLS#:
- 24015802
- Subdivision:
- N/A
ADDITIONAL INFORMATION
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.
$2,249,900
303 Merrow Road Tolland, CT 06084
- Type:
- General Commercial
- Sq.Ft.:
- 33,778
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 15.32 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- 170532046
- Subdivision:
- N/A
ADDITIONAL INFORMATION
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.
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Tolland Real Estate
The median home value in Tolland, CT is $505,000. This is higher than the county median home value of $216,900. The national median home value is $219,700. The average price of homes sold in Tolland, CT is $505,000. Approximately 87.44% of Tolland homes are owned, compared to 6.77% rented, while 5.79% are vacant. Tolland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tolland real estate agent to arrange a tour today!
Tolland, Connecticut has a population of 14,838. Tolland is more family-centric than the surrounding county with 40.15% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Tolland, Connecticut is $112,740. The median household income for the surrounding county is $81,312 compared to the national median of $57,652. The median age of people living in Tolland is 42.2 years.
Tolland Weather
The average high temperature in July is 79.1 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 49.8 inches per year, with 33.4 inches of snow per year.