303 Merrow Rd, Tolland, CT 06084

$1,950,000
5
BA
33,778
SqFt

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Sold Price
$1,950,000
List Price
$2,499,900
Status
CLOSED
MLS#
24069977
Closing Date
Aug 25, 2026
Year Built
1987
Bathrooms
5
Acres
15.32
Living Area
33,778

Property Description

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.

Additional Information

Taxes
$43,109
Lot Size
667,339
Heating
Hot Air
Cooling System Type
Central Air
Sewer
Septic Tank
Water Source
Public

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Listing courtesy of Mark Riesbeck from Berkshire Hathaway NE Prop.. (860) 874-6629 (860) 648-2045

Selling Office: Coldwell Banker Realty.