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$774,900
Est. payment /mo
10 Baths
11,399 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,399 sqft
Price per Sqft $67
MLS Listing ID 24184204
Full Baths 8
Half Baths 2
Year Built 1928
Annual Tax Amount $26,124
Lot Size 0.390 Acres
Property Description
Discover an excellent mixed-use investment opportunity located in the heart of Torrington at 482 Main St. This well-positioned property offers a versatile combination of income-producing space with two street level commercial units and eight residential apartments, providing a strong foundation for both current cash flow and future upside. The building features a classic brick exterior, center hallway design, newer gas and electrical meters, and the convenience of coin-operated laundry facilities on each floor for tenant ease and added income potential. Off street parking provides valuable city convenience for residents and occupants. In addition, the property offers the possibility of creating two additional rental units, subject to town approval, allowing an investor to further enhance value and maximize the building's potential. This property's location, benefits from proximity to shopping, services, restaurants, and local amenities, making it an attractive opportunity for investors seeking a multi-family asset with commercial appeal and room for growth.
Location
State CT
County Litchfield
Zoning LB
Interior
Heating Baseboard, Hot Water, Other
Cooling None
Exterior
Exterior Feature Sidewalk
Utilities Available Electric, Gas
Roof Type Flat
Building
Lot Description Sloping Lot, Cleared
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Michael Ferris • eXp Realty
Nearby Locations
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Alex Sanchez
Broker Associate | License ID: 0225273496
Broker Associate License ID: 0225273496





