Building Details

Buildings 5

Listing Agency: Giglio Commercial Real Estate Show Phone

Listed By: Dom Giglio · License #CT REB0788299

Source: Crexi

Added: Jan 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:36AM

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Investment Insights

Based on property information with market context.

This property, located in Torrington, CT, offers a substantial land area of 225,000 square feet. The listing indicates a possible residential conversion, suggesting potential for alternative development. The property is suitable for warehouses, industrial purposes, residential land and home lots, and general commercial real estate ventures.

Key Highlights

• PRICE REDUCTION
• Possible Residential Conversion

Property Analytics

Property Profile

Current Use

Big Daddy's Diesels ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Hotel & Motel Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

404

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 06790, CT

35,486

Population

17,109

Households

2.1

Avg Household Size

44

Median Age

25%

College-Educated

89%

High-School Grad

41.5 sq mi

ZIP Area

855

Density / Sq Mi

$69,720

Median Household Income

$40,860

Median Earnings

$1,101

Median Rent

$196,100

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Warehouse - 225,000 sqft Torrington land with conversion possibilities.

Where is this warehouse located?

The property is located at 535 Migeon Ave Torrington, CT.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: PRICE REDUCTION; Possible Residential Conversion