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    482 Main St Torrington, CT 06790

    For Sale
    $1,245,000

    Ten-unit building with residential and commercial spaces in prime location.

    Lot size:
    0.39 Acres

    Property Features for 482 Main St

    General Information

    Lot size
    0.39 Acres

    Building Details

    Year built
    1928

    Source: Oxford Realty Agent Ben M. Weinberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Torrington Mixed-Use Investment Opportunity

    Located on Main Street in Torrington, CT, this ten-unit building presents an investment opportunity. The property includes eight residential apartments, with the potential to legalize two additional apartments, and two commercial spaces. Private parking is available in the back. The building features separate utilities and a newer roof. Many of the units have been fully updated. This property is positioned in a location that offers various possibilities for potential owners, whether they are new to investment properties or experienced investors.
    Insight Report Location Intelligence

    Current Use by Public Records

    Gecko Crazy Reptile Store

    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
    -73.1211802
    Latitude
    41.8102356

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    FAQs

    What type of property is this?
    Apartment building - Ten-unit building with residential and commercial spaces in prime location.
    Where is this apartment building located?
    The property is located at 482 Main St Torrington, CT.
    What is the asking price?
    The asking price for this property is $1,245,000.
    What are key features of this property?
    This property features: - Ten Units: Includes 8 residential apartments plus 2 potential apartments.; - Two Commercial Spaces: Offers diversified income streams.; - Prime Location: Unbeatable location.
    (917) 974-6356
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    482 Main St Torrington, CT 06790
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    482 Main St Torrington, CT 06790
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