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    Residential Care Home Opportunity Title is generated by Realmo AI

    400 Torrington Road, Litchfield, CT 06759

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    For Sale
    $2,800,000

    Licensed group home with 68-resident capacity for sale.

    Type:Commercial
    Property size:
    17,990 SF
    Lot size:
    1.81 Acres
    Price / SF:
    $155/SF
    Added:
    May 25, 2024
    Days on Market:
    747
    Last Refresh:
    Apr 5 at 8:23 pm

    Property Features for 400 Torrington Road

    General Information

    Standard status
    Active
    Size
    17,990 SF
    Lot size
    1.81 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    GIOVANNI LOMONTE

    Listing agent GIOVANNI LOMONTE

    Listing office John Lomonte R. E. Appr.

    Listing date May 25, 2024

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of John Lomonte R. E. Appr.

    HighLights

    • Licensed Group Home with high occupancy: Approved for up to 68 residents, offering substantial income potential.
    • Substantial Square Footage: A large 17,990 sq ft facility designed for residential care.
    • Established Business: Operating as Fernwood Rest Home, Inc. with a proven track record.
    • Turnkey Investment Opportunity: Existing Residential Care Home (RCH) ready for new ownership.
    • Multiple Bedrooms: Features 36 bedrooms, accommodating both single and double occupancy.
    • Financial Information Available: Income and expense details provided upon request for due diligence.

    Overview

    This property presents an income and investment opportunity as Fernwood Rest Home, Inc., also known as a Residential Care Home (RCH). The building has 17,990 square feet. It is a licensed 'Group Home' with a maximum occupancy of 68 residents. The property features 36 bedrooms, with a mix of single and double occupancy options to accommodate the total of 68 residents. The current owners are retiring after many years of operation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fernwood Rest Home ... Retirement Community

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Repair Shop Hair Salon Department Store Food Market Garden Center Veterinary Clinic Nursing Home

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

    Similar Places Nearby

    • Fernwood Rest Home Inc — 400 Torrington Rd, Litchfield, CT 06759

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.174
    Latitude
    41.7707

    FAQs

    What type of property is this?
    Assisted living facility - Licensed group home with 68-resident capacity for sale.
    Where is this assisted living facility located?
    The property is located at 400 Torrington Road Litchfield, CT.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Licensed Group Home with high occupancy: Approved for up to 68 residents, offering substantial income potential.; Substantial Square Footage: A large 17,990 sq ft facility designed for residential care.; Established Business: Operating as Fernwood Rest Home, Inc. with a proven track record.
    More about this property
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