Residential Care Home
For Sale
$2,800,000
Pending
400 Torrington Road, Litchfield, CT 06759
Licensed group home with 68-resident capacity for sale.
Property Size17,990 SF
Lot Size1.81 Acres
Days on Market807
Property Features for 400 Torrington Road
General Information
Standard status
Pending
Size
17,990 SF
Lot size
1.81 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$24,302
Amenities
Central air
Asphalt Shingle Roof
Corner Lot
Awnings
Bath Grab Bars
Ceiling Fans Cooling
Central Air Cooling
Cleared
Ductless Cooling
Flat Roof
Gutters
Hot Air Heating
Hot Water Heating
Level Lot
Lighting
Outside Storage Area
Radiant Heating
Wall Unit Cooling
Building Details
Year Built
1900
Listing Agency:
John Lomonte R. E. Appr.
(860) 635-7500
Listed By:
GIOVANNI LOMONTE
Source:
Corcoran
Added: May 25, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:41AM
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06759, CT
5,729
Population
2,885
Households
2
Avg Household Size
51
Median Age
57%
College-Educated
97%
High-School Grad
53.7 sq mi
ZIP Area
107
Density / Sq Mi
$113,472
Median Household Income
$57,329
Median Earnings
$1,313
Median Rent
$430,100
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Fernwood Rest Home Inc — 400 Torrington Rd, Litchfield, CT 06759
Frequently Asked Questions
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.
