954 Main StTorrington, CT 06790
- Retail properties
- 6,776 SF
Property Details for 954 Main St
- Year built
- 1988
- Construction
- FRAME
- Lot size
- 0.68 AC
- Property size (Sq ft)
- 6,776 SF
- Zone code
- LB
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- TORR M:133 B:003 L:010
- APU
- TORRM133B003L010
Description
This exceptional commercial property at 954 East Main Street, Torrington, Connecticut, offers a versatile 6,776 square foot retail space. Located in the Northwest Hills County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The building features 1,100 square feet of open space, ideal for customization, along with a convenient restroom. Previously occupied by a driving school, the space is readily adaptable to various retail or office uses. Its prime location ensures high visibility, enhanced by prominent signage on both the building and the Gregorio Commons pole sign. The property benefits from the responsive and engaged local ownership, committed to tenant satisfaction. With its size, location, and adaptability, this property represents a compelling opportunity within the Torrington market, potentially the best available small office or retail space in the area. The property's address is 954 East Main Street, Torrington, CT 06790. The property is categorized as Retail and Land, with a total building square footage of 6,776 square feet. The zip code is 06790.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,646,804
- 6.5%
- $1,520,127
- 7%
- $1,411,547
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,231,088
- Geo Method
- $2,231,088
-
Alternative Use
- Use
- Valuation
- Residential
- $1,282,284
- Hospitality
- $1,174,566
- Educational
- $977,225
- Medical
- $1,010,833
- Retail
- $1,520,127
Location Insight
- City
- Torrington
- County
- Litchfield
- State
- Connecticut
- Latitude
- 41.8124
- Longitude
- -73.1003
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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