$571,400
$625,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
8,535 SqFt
SOLD DATE : 04/02/2024
Key Details
Sold Price $571,400
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,535 sqft
Price per Sqft $66
MLS Listing ID 170605556
Sold Date 04/02/24
Year Built 1924
Annual Tax Amount $17,980
Lot Size 3,920 Sqft
Property Description
Beautifully maintained retail building in the heart of Torrington with long term tenants and strong leases offered at an 8 CAP. The property is across from the newly constructed Franklin Plaza with a traffic count of over 15,000 cars per day. The entire building was completely remodeled in 2008 and most recently had a new roof put on. It is located in an Opportunity zone and has been approved for Multi-Use Conversion.
Location
State CT
County Litchfield
Zoning DD
Interior
Interior Features Elevator
Heating Hot Air
Cooling Central Air
Exterior
Garage Off Street Parking, On Street Parking, Parking Lot
Utilities Available Electric, Telephone, Cable
Roof Type Rubber
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Michael Doherty • KW Legacy Partners
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Broker | REB.0791464