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73 Center St Torrington, CT 06790

For Sale
$1,000,000

Iconic Bar & Rental Units - High ROI Potential

Property size:
5,043 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional investment opportunity in Torrington, Connecticut, presents a unique blend of commercial and residential income streams. The property encompasses a thriving, established bar, a beloved local landmark, situated on a 0.22-acre lot at 73 Center Street. The bar itself occupies a substantial 5,043 square feet of space, offering significant potential for continued growth and profitability. In addition to the main bar building, the property includes a second building containing six individual one-bedroom rental units, providing a consistent and reliable source of passive income. This dual-income property offers a rare chance to acquire a well-established business with a proven track record alongside a stable rental portfolio. The asking price for this turnkey operation is $1,000,000. The property's prime location in Torrington ensures high visibility and accessibility, attracting both local patrons and tourists. This is an ideal investment for savvy entrepreneurs seeking a diversified portfolio with immediate cash flow and significant long-term growth potential. The combined income generated from the bar and rental units presents a compelling return on investment, making this a truly exceptional opportunity in the vibrant Torrington market. The property is ready for immediate occupancy and operation, requiring minimal capital expenditure to maintain its current high level of performance. Serious inquiries only.

Property Features for 73 Center St

General Information

Property type
Other commercial real estate
Square Feet
5,043 SF
Lot Size
9,583 SF

Building Details

Year Built
1933

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Torrington
County
Litchfield
State
Connecticut
Longitude
-73.11791
Latitude
41.80051

FAQs

What type of property is this?
Commercial real estate - Iconic Bar & Rental Units - High ROI Potential
Where is this commercial real estate located?
The property is located at 73 Center St Torrington, CT.
What is the asking price?
The asking price for this property is $1,000,000.
More about this property
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