46 Summer StTorrington, CT 06790

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

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.

• 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

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