For Sale
$1,500,000

0 Merrow RdTolland, CT 06084

Prime restaurant land, utilities ready.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2-acre commercial land parcel in Tolland, Connecticut, presents a unique opportunity for restaurant development. Located on Merrow Road, this prepared pad boasts readily available utilities, including public water, sewer, and gas, significantly reducing development time and costs. The site is conveniently zoned GDD and is clearly marked as a restaurant section on the attached map. High traffic counts are a key advantage, with 11,200 vehicles daily on Merrow Road and a substantial 101,600 vehicles daily on nearby I-84, ensuring excellent visibility and accessibility for your business. The asking price for this turnkey opportunity is $1,500,000. Note that an adjacent hotel site is also available for purchase at $1,750,000, with a 10% discount offered for the purchase of both properties. For those seeking an alternative, a 2-acre land lease option is also available at $100,000 per year, NNN. This property offers unparalleled potential for a thriving restaurant venture in a high-traffic location. Don't miss this chance to secure a prime commercial site in Tolland, CT.

Highlights

  • Ready-to-build pad with utilities.
  • Hotel development site also available.
  • $17,500 per hotel room.
  • Minimum 100 hotel rooms.
  • 10% discount for purchasing both pad and hotel site.
  • Designated restaurant parcel (see attached map).

Property Details for 0 Merrow Rd

Property type
Land
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Tolland
County
Tolland
State
Connecticut
Latitude
41.866609
Longitude
-72.36572
Merrow Rd, Tolland, Connecticut

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0 Merrow Rd
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