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$2,499,900 -$300,000 (-10.71%) Price Reduced
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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.
Full Property Details
Full Property Details for 303 Merrow Rd
General
- Price: $2,499,900
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24069977
- Updated: 3/26/2026
- Added to Site: 430 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 1
- Half Bathrooms: 4
Location
- County: Tolland
- Driving Directions: GPS Friendly
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Propane
- Heating Fuel: Propane
Utilities
- Sewer: Public Sewer In Street, Septic
- Water: Public Water Connected
- Utility Description: Electric, Telephone, Cable
Structural Information
- Roof: Membrane
- Square Feet: 33,778
- Sq. Ft. Source: Public Records
- Year Built: 1987
Unit Information
Unit 1
- Unit Description: Industrial
- Total Bathrooms: 5
- Partial Bathrooms: 4
Lot Features
- Lot Size (Acres): 15.32
- Frontage: State Road
- Potential Use: Self-Storage, Office, Industrial
- Zoning: NCZ
- Lot Description: Sloping Lot
Financial Considerations
- Assessment Amount: $1,551,800
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Brochure, Demographic Data
- Property ID: 1653230
Listed by Berkshire Hathaway NE Prop., Mark Riesbeck
Get Pre-Approved Today
Schools
Schools serving 303 Merrow Rd
School District:Tolland School District
| Name | Grades | Distance |
|---|---|---|
Tolland High School 1 Eagle Hill, Tolland, CT 06084 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 303 Merrow Rd
Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$2,499,900
-10.71%
MLS
1/20/2025
Listed
$2,799,900
20.43%
MLS
4/01/2004
Sold
$2,325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 303 Merrow Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$42,193
-36%
$1,551,800
-11%
2023
$66,147
1%
$1,751,300
—
2023
$65,376
2%
$1,751,300
—
2022
$64,063
-1%
$1,751,300
—
2021
$64,991
3%
$1,751,300
—
2020
$63,134
-6%
$1,751,300
-6%
2019
$67,244
3%
$1,865,300
—
2018
$65,286
2%
$1,865,300
—
2017
$63,775
—
$1,865,300
—
2016
$63,775
2%
$1,865,300
—
2015
$62,226
18%
$1,865,300
6%
2011
$52,911
—
$1,752,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 303 Merrow Rd
303 Merrow Road, Tolland, CT 06084 (MLS# 24069977) is a Commercial property. 303 Merrow Road is currently listed for $2,499,900 and was received on January 20, 2025. Want to learn more about 303 Merrow Road? Do you have questions about finding other Commercial real estate for sale in Tolland? You can browse all Tolland real estate or contact a Coldwell Banker agent to request more information.

