462 Main Street

    Torrington, CT 06790
    • $699,000
    • STATUS: Active
    • ON SITE: 133 days
    • MLS #: 170183269
    UPDATED: 57 min ago
    $699,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,300
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    EXCEPTIONAL POTENTIAL FOR AN OWNER / USER, OR POSSIBLY EVEN AN INVESTOR. MULTIFACETED MIXED-USE PROPERTY LOCATED IN TORRINGTON'S NORTH END BUSINESS DISTRICT. OFFERS APARTMENT RENTALS, STREET FRONTAGE RETAIL/OFFICE SPACE, GARAGES, AND ENERGY EFFICIENT HIGH-BAY HEATED WAREHOUSE. OVER THREE DECADES OF OWENERSHIP, THIS COMMERCIAL COMPLEX FEATURES MANY UPGRADES DOCUMENTED BY PERMITS AND A FULL DETAILED SITE PLAN. BUILDING #1 HAS 2-RETAIL AREAS, PLUS 4 LEGAL COMPLETELY RENOVATED ATTRACTIVE APARTMENTS THAT ARE FULLY OCCUPIED. TENANTS PAY THEIR OWN HEAT, ELECTRIC & HOT WATER. ALL KITCHENS INCLUDE AN ELECTRIC RANGE/OVEN & REFRIGERATOR. THERE IS ALSO A LARGE UNDERNEATH GARAGE/STORAGE AREA WHICH HAS POTENTIAL FOR ADDITIONAL RENTAL INCOME. CONNECTED TO BUILDING #1 IS A 5-BAY GARAGE W/APPROXIMATELY 1,300+/-S/F OF SECOND FLOOR STORAGE. THIS STORAGE AREA HAS APPROVALS FROM PLANNING & ZONING TO CONVERT TO A 3-BEDROOM APARTMENT. THIS APPROVAL IS VALID UNTIL 2021. PRESENT TOTAL MONTHLY RENTAL INCOME ON BUILDING #1 IS $3,700.00. NEXT THERE IS A 9 YEAR OLD 30' x 24' FREE-STANDING HIGH-BAY METAL BUILDING. THIS BUILDING IS UNHEATED BUT IS COMPLETELY INSULATED. AN OLDER DETACHED 4-BAY GARAGE IS LOCATED AT THE EXTREME REAR OF THIS SITE.LASTLY, IS THE 14 YEAR OLD HEATED 4,500 PLUS S/F HIGH-BAY "MORTON" WAREHOUSE FACILITY. THERE ARE 2 -HI-LIFT OVERHEAD DOORS. THE FRONT ONE IS 12' x 14' & THE REAR IS 10' x 10'. WAREHOUSE & WALK-UP MEZZANINE ARE HEATED BY 4 - 100,000 BTU NATURAL GAS OVERHEAD UNITS.

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    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2019-08-25T17:56:19.997.
    www.thecthomefinder.com/homes/93687160

    462 Main Street Torrington, CT 06790

    • Price: $699,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 170183269
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    10,300
    SQFT
    $68
    $/SQFT
    1920
    Built
    Neighborhood:
    N/A
    County:
    Litchfield
    Area:
    Torrington
    Property Description
    EXCEPTIONAL POTENTIAL FOR AN OWNER / USER, OR POSSIBLY EVEN AN INVESTOR. MULTIFACETED MIXED-USE PROPERTY LOCATED IN TORRINGTON'S NORTH END BUSINESS DISTRICT. OFFERS APARTMENT RENTALS, STREET FRONTAGE RETAIL/OFFICE SPACE, GARAGES, AND ENERGY EFFICIENT HIGH-BAY HEATED WAREHOUSE. OVER THREE DECADES OF OWENERSHIP, THIS COMMERCIAL COMPLEX FEATURES MANY UPGRADES DOCUMENTED BY PERMITS AND A FULL DETAILED SITE PLAN. BUILDING #1 HAS 2-RETAIL AREAS, PLUS 4 LEGAL COMPLETELY RENOVATED ATTRACTIVE APARTMENTS THAT ARE FULLY OCCUPIED. TENANTS PAY THEIR OWN HEAT, ELECTRIC & HOT WATER. ALL KITCHENS INCLUDE AN ELECTRIC RANGE/OVEN & REFRIGERATOR. THERE IS ALSO A LARGE UNDERNEATH GARAGE/STORAGE AREA WHICH HAS POTENTIAL FOR ADDITIONAL RENTAL INCOME. CONNECTED TO BUILDING #1 IS A 5-BAY GARAGE W/APPROXIMATELY 1,300+/-S/F OF SECOND FLOOR STORAGE. THIS STORAGE AREA HAS APPROVALS FROM PLANNING & ZONING TO CONVERT TO A 3-BEDROOM APARTMENT. THIS APPROVAL IS VALID UNTIL 2021. PRESENT TOTAL MONTHLY RENTAL INCOME ON BUILDING #1 IS $3,700.00. NEXT THERE IS A 9 YEAR OLD 30' x 24' FREE-STANDING HIGH-BAY METAL BUILDING. THIS BUILDING IS UNHEATED BUT IS COMPLETELY INSULATED. AN OLDER DETACHED 4-BAY GARAGE IS LOCATED AT THE EXTREME REAR OF THIS SITE.LASTLY, IS THE 14 YEAR OLD HEATED 4,500 PLUS S/F HIGH-BAY "MORTON" WAREHOUSE FACILITY. THERE ARE 2 -HI-LIFT OVERHEAD DOORS. THE FRONT ONE IS 12' x 14' & THE REAR IS 10' x 10'. WAREHOUSE & WALK-UP MEZZANINE ARE HEATED BY 4 - 100,000 BTU NATURAL GAS OVERHEAD UNITS.
    Exterior Features

    Construction Description FrameMetal Exterior Features AwningsDoors - 10-15 FtDoors - Under 10 FtGuttersLoading Dock/GradeUnderground Utilities Foundation Type ConcreteSlab Lot Description Level Lot Parking Total Spaces 0 Road Frontage Description State Road Roof Information MetalRubber

    Interior Features

    Cooling System Wall Unit Flooring Concrete Heat Type BaseboardGravity Warm Air Interior Features Loading - GradeSecurity System Restrooms Number Of 6

    Property Features

    Bank Owned Property Yn No Commercial Category InvestmentRetailOther Documents Available Legal DescriptionPlot Plan/Survey Electic Amperage 200 Flood Zone Yn No Garage Parking Info PavedOff Street ParkingParking Lot Handicap Features Accessible Bath Heat Fuel Type ElectricNatural Gas Location Highway AccessDowntown Possession Availability Negotiable Potential Use Investmet Present Use Income Property-Apts.-Garages Property Tax 13496 Sewage System Public Sewer Connected Sewer Usage Fee Annual 667 Sign Yn No Tenants Number Of 5 Utilities Available ElectricGasTelephoneCable Water Source Public Water Connected Zoning Lb

    Listing information © 2019 Smart MLS
    Listing provided courtesy of Marshall Cohen of Cohen Agency.


    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2019-08-25T17:56:19.997.
     
    The Higgins Group - The CT Home Finder
    1499 Post Road
    Fairfield CT, 06880