257 Main StTorrington, CT 06790
High-Yield Creative Office Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 7,283 sq ft, two-story creative office building in downtown Torrington, CT, offering a 7.80% cap rate and 100% occupancy.
- High-traffic corner lot (16,000 VPD) with excellent visibility near City Hall.
- Completely renovated in 2024, eliminating deferred maintenance (new roof, HVAC, flooring, LED lighting, windows, security systems).
- 100% leased to a diverse tenant mix (legal, healthcare) with value-add potential through lease adjustments and potential rooftop development.
- Prime location near Charlotte Hungerford Hospital and Litchfield County Courthouse, offering strong tenant demand and minimal landlord responsibilities.
Property Details for 257 Main St
- Property type
- Office properties, Office space
- Square Feet
- 7,283 SF
- Class
- B
- Year Built/Renovated
- 1955/2024
- Buildings
- 1
- Stories
- 2
- Units
- 16
Location Insight
- City
- Torrington
- County
- Litchfield
- State
- Connecticut
- Latitude
- 41.805722170463
- Longitude
- -73.121285215299
Nearby Similar for Sale
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