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.
| Listing Id: | 24069977 |
|---|---|
| List Price: | $2,499,900 |
| Close Price: | $1,950,000 |
| Close Date: | 2026-08-25 |
| Property Type: | Commercial Sale |
| Status: | Closed |
| Bank Owned Property: | No |
| Baths Full: | 1 |
| Baths Half: | 4 |
| Living Area Sqft Per Public Record: | 33,778 |
| Property Tax: | $43,109 |
| Acres: | 15.32 |
| Direct Waterfront Yn: | No |
| City: | Tolland |
| County: | Tolland |
| Postal Code: | 06084 |
| Year Built: | 1987 |
| Total Number Of Units: | 1 |
| Agent Owner Yn: | No |
| Assessed Value: | $1,551,800 |
| Basement Description: | No |
| Baths Total: | 5 |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air |
| Current Price: | $1,950,000.00 |
| Directions: | GPS Friendly |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Brochure, Demographic Data |
| Heat Fuel Type: | Propane |
| Heat Type: | Hot Air |
| Listing Contract Date: | 2025-01-20 |
| Location: | Highway Access, Other |
| Lot Description: | Sloping Lot |
| Mil Rate Total: | $27.78 |
| Status: | Closed |
| Occupied By: | Owner |
| Original List Price: | $2,799,900 |
| Parcel Number: | 1653230 |
| Pending Date: | 2026-07-23 |
| Possession Availability: | Negotiable |
| Potential Short Sale: | No |
| Potential Use: | Self-Storage, Office, Industrial |
| Preferred Phone: | (860) 874-6629 |
| Price: | $1,950,000 |
| Road Frontage Description: | State Road |
| Roof Information: | Membrane |
| Sewage System: | Public Sewer In Street, Septic |
| Sign Yn: | Yes |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 33,778 |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric, Telephone, Cable |
| Water Source: | Public Water Connected |
| Zoning: | NCZ |
Listing Courtesy of: Berkshire Hathaway NE Prop.
Listing Agent: Mark Riesbeck
(860) 874-6629
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET
