Key Details

Sold Price $787,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 11,399 sqft

Price per Sqft $69

MLS Listing ID 24184204

Sold Date 08/31/26

Full Baths 8

Half Baths 2

Year Built 1928

Annual Tax Amount $22,733

Lot Size 0.390 Acres

Property Description

Discover an excellent mixed-use investment opportunity located in the heart of Torrington at 482 Main St. This well-positioned property offers a versatile combination of income-producing space with two street level commercial units and eight residential apartments, providing a strong foundation for both current cash flow and future upside. The building features a classic brick exterior, center hallway design, newer gas and electrical meters, and the convenience of coin-operated laundry facilities on each floor for tenant ease and added income potential. Off street parking provides valuable city convenience for residents and occupants. In addition, the property offers the possibility of creating two additional rental units, subject to town approval, allowing an investor to further enhance value and maximize the building's potential. This property's location, benefits from proximity to shopping, services, restaurants, and local amenities, making it an attractive opportunity for investors seeking a multi-family asset with commercial appeal and room for growth.

Location

State CT

County Litchfield

Zoning LB

Interior

Heating Baseboard, Hot Water, Other

Cooling None

Exterior

Exterior Feature Sidewalk

Utilities Available Electric, Gas

Roof Type Flat

Building

Lot Description Sloping Lot, Cleared

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Michael Ferris • eXp Realty
Bought with Michael Ferris • eXp Realty

Nearby School & Business

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Stephen Simard

+1(860) 919-0991

Agent License ID: Res.0788068

482 Main Street Torrington, CT 06790