1185 New Litchfield St - Medical FOR SALE


Torrington, CT 06790
$950,000 USD
860-482-0353
1185 New Litchfield St, Torrington, CT for Sale
$950,000 USD
Medical - FOR SALE
1/9
null | 10.61% Cap Rate

1185 New Litchfield St
Torrington, CT 06790


HIGHLIGHTS

  • Average Daily Traffic Count is 17,500
  • Highly visible, well-maintained, pride of ownership
  • Fully rented, long term tenants

OVERVIEW

Turnkey (commercial) property on one of the region's busiest main arteries, Route 202. Located at 1185 Litchfield Turnpike, a/k/a 1185 New Litchfield St, Torrington and just steps from the Litchfield town line, this 5,248 square foot building on two levels has great curb appeal. Minutes from Charlotte Hungerford Hospital, Keystone, da Capo, Tractor Supply, and more. CT DOT Annual Average Daily Traffic count is 17,500 per day. Great opportunity to invest in a property where businesses want to locate for maximum exposure, ease of commute and access to major routes including Routes 4 & 8. The building is fully occupied with long-term established tenants including a government agency. The property offers signage and parking to accommodate the tenants and their clients. The current owners have taken superb care of this building inside and out, pride of ownership is evident and has eliminated the new owner's need to address deferred maintenance or deficiencies...truly turnkey in every sense of the word. Gross annual rents exceed $140,000.00 making this property a strong investment. Jump in and begin collecting rents, no vacancies to fill, no major improvement or repairs needed. Please call to arrange a private tour, advance notice required, every effort is being made to show the property when the tenants are closed so as not to disrupt their businesses. Listing agent must accompany.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

10.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

R-6

APN/PARCEL ID

TORR-000101-000001-000006

ASK ABOUT THIS PROPERTY

Rosemary JacobBorla & Associates Real EstateMore Info
860-482-0353

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Rosemary JacobBorla & Associates Real EstateMore Info
860-482-0353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.