46 Summer StTorrington, CT 06790

  • Other commercial real estate
  • 6,409 SF
For Sale
$285,000 View listing

Property Details for 46 Summer St

Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.22 AC
Property size (Sq ft)
6,409 SF
Zone code
DD
Property type
Other commercial real estate
Property subtype
Showrooms
APN
TORR M:117 B:011 L:007
APU
TORRM117B011L007

Description

This exceptional 6,409 square foot commercial building presents a unique opportunity in Torrington's vibrant downtown district. Ideally situated for easy access to the city's commercial center and conveniently close to major highway arteries, this property offers a diverse range of potential uses. The interior boasts a blend of office and warehouse space, complemented by a substantial main storage cooler exceeding 880 square feet. Logistics are streamlined with a convenient loading dock on Prospect Street, capable of accommodating two box trucks simultaneously, providing direct access to the cooler. A secondary garage entrance on Summer Street offers additional vehicle access. Ample parking options are available nearby at the Riverview Parking Lot and via metered parking on Hungerford Street. The property also includes extra storage space in the lower basement level. Recent upgrades enhance the building's appeal, including a brand-new HVAC system for the main office areas and a new roof installed on the front section. The bright and welcoming main entry sets the tone for this remarkable property, ready for its next chapter. The 0.22-acre lot provides ample space for operations and potential future expansion. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a thriving Connecticut location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,557,611
    6.5%
    $1,437,794
    7%
    $1,335,095
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,110,248
    Geo Method
    $2,110,248
  • Alternative Use

    Use
    Valuation
    Residential
    $1,212,834
    Hospitality
    $1,110,949
    Educational
    $924,296
    Medical
    $956,084
    Retail
    $1,437,794
46 Summer St, Torrington, Connecticut

Location Insight

City
Torrington
County
Litchfield
State
Connecticut
Latitude
41.7994
Longitude
-73.124
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,404
$49,590
$146,480
$196,070
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].