46 Summer StTorrington, CT 06790
- Other commercial real estate
- 6,409 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].