Property Description
Incredible Investment Opportunity directly in Downtown Torrington featuring extremely stable income at above market returns and extremely low operating costs. The property sits just steps away from city hall on an EXTREMELY high traffic corner parcel intersection in Downtown Torrington with excellent visibility (16,000 VPD count), easy pedestrian and vehicle accessibility with a private parking lot with overflow and 16 cash flowing units. Benefit from an extensive 2024 renovation providing little to no deferred maintenance. Property features city water/sewer, gas, new common area mailboxes, upgraded interior/exterior surveillance systems, energy efficient tinted windows, new LED Lights, a new roof, new flooring/carpeting, and all new HVAC units and mechanicals. The thriving Torrington economy provides a very high absorption rate and as a result, the property is 100% leased to a wide variety of tenants (lawyers, tax professionals, insurance, salon, roofing contractors, therapists, board games, recording studio, stretch therapy, etc). Value add potential for anyone looking to turn all the below market leases to NNN, rooftop opportunities for billboards and cell towers. Property is just minutes from Charlotte Hungerford Hospital and the Litchfield County Courthouse, creating an ideal workplace for legal and healthcare professionals. Great for Passive Income/Absolute Minimum Landlord Responsibilities.
Features
: Hot Water
: Central Air
: Electric, Gas In Street
: Security System, Window Display
0
0
: Downtown
: N/a
: Public Water Connected
Address Map
Main
257
0
W74° 52′ 42.7”
N41° 48′ 20.5”
MLS Addon
Group Realty LLC
Zach Pranger
848944
GROU20
July 2024-June 2025
257 Main Street in Torrington. Park in lot.
$0
882792
$17,367
DD
Commercial For Sale
257 Main, Torrington, 06790
0 Bedrooms
0 Bathrooms
7,238 Sqft
$1,300,000
Listing ID #24029135
Basic Details
Property Type : Commercial For Sale
Listing Type : For Sale
Listing ID : 24029135
Price : $1,300,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,238 Sqft
Year Built : 1955
Lot Area : 0.26 Acre
City : Torrington
Zipcode : 06790
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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