Investment opportunity with multiple income producing possibilities.


Property

Website:https://www.nestseekers.com/5504901
Address:
227 Main
Torrington, CT 06790
Ownership: Commercial
Type: Commercial
Bathrooms: 6
Area: 5000 sq ft

Financials

Price:$539,900
Annual Taxes:$12,664

Description

Investment opportunity with multiple income-producing possibilities. New updates include new gas conversion and gas hot water system (2021), new central air system (2021). Coin op laundry for tenants. This versatile property features a 3 car garage. The 1st floor offers 2,000+- square feet of flexible space complete with 3 half baths, storage area, and kitchen setup. Ideal for professional office space, multiple office suites, creative studio space, or potential future residential expansion (subject to approvals). The 2nd floor is currently occupied with tenants. There is a 2 bed apt, a 1 bed apt with bath 450sqft and a studio apt with detached bath. Perfect for investors, entrepreneurs, or owner-occupants seeking a property with both residential income and commercial-style flexibility. The adaptable layout opens the door to a variety of business or rental opportunities while offering strong upside potential for future improvements and increased cash flow. Conveniently located downtown on Main Street.

Amenities

  • Central Air
  • Elementary School -
  • High School -
  • Intermediate School -
  • Living Space Available
  • Multiple Entries/Exits
  • Public Restrooms
  • Ramps

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Kristen Duchene of Litchfield County Real Estate