681 Main StTorrington, CT 06790

Property Details for 681 Main St

Year built

1980

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

19.10 AC

Property size (Sq ft)

165,290 SF

Zone code

LB

Property type

Retail properties

Property subtype

Super regional malls

APN

TORR M:119 B:006 L:008

APU

TORRM119B006L008

Description

This exceptional opportunity presents prime medical office space within the thriving Ocean State Job Lot Shopping Center, located at 681 Main Street, Torrington, CT 06790. The center boasts a total of 96,864 square feet across two single-story buildings situated on a generous 19.1-acre parcel. Currently, there are several available suites ranging from 2,148 square feet to 11,914 square feet, providing flexibility for various medical practices. The property's strategic location offers excellent visibility and accessibility, complemented by a strong tenant mix including established businesses such as Ocean State Job Lot, Town Fair Tire, PriceRite, Planet Fitness, Harbor Freight Tools, McDonald's, and Horizon Dental. This ensures high foot traffic and a vibrant surrounding community. The property is zoned to accommodate retail, medical, or restaurant uses, making it an ideal location for a variety of businesses. The ample parking available further enhances the convenience and appeal of this exceptional property. With its impressive size, desirable location, and strong tenant base, this medical office space presents a rare opportunity for growth and success. The property's existing infrastructure and established presence within a busy shopping center provide a significant advantage for prospective tenants. Contact us today to learn more about this outstanding opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $40,171,240

  6.5%

  $37,081,144

  7%

  $34,432,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,423,916

  Geo Method

  $54,423,916

• Alternative Use

  Use

  Valuation

  Residential

  $31,279,332

  Hospitality

  $28,651,700

  Educational

  $23,837,878

  Medical

  $24,657,700

  Retail

  $37,081,144

Location Insight

City

Torrington

County

Litchfield

State

Connecticut

Latitude

41.8152

Longitude

-73.1238

CBSA code

45860

CBSA name

TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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