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Mixed-Use Property with Redevelopment Potential
For Sale
$349,000
Pending

55 Wall Street, Torrington, CT 06790

Mixed-use property with redevelopment potential near the center of town.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market423

Property Features for 55 Wall Street

General Information

Standard status Pending
Lot size 0.33 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,513

Amenities

Asphalt Shingle Roof
Sidewalk
Baseboard Heating
Concrete Flooring
Level Lot

Building Details

Year Built 1960
Listing Agency: Cohen Agency
Listed By: MARSHALL COHEN · License #REB.0755213
Source: Corcoran
Added: Sep 7, 2025 Changed: Oct 26 Last Checked: Nov 1 at 5:47AM

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 Cohen Agency

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property features various-style buildings and is located near the center of town, with easy access to Route 8 expressway. Years ago, the property housed a local print shop, a secretarial service, and a couple of boutique-style stores; these four units are presently unoccupied. Additionally, there is a modern 4-room, 2-bedroom apartment with a built-in garage, which is currently occupied. A high-bay garage/warehouse type is also present, heated by natural gas and featuring a half bath. The main front structure was damaged by fire over a year ago. A two-family home can be rebuilt/constructed, subject to written approval from the City Land use Office. The property is being sold "As Is" and needs a creative buyer to bring out its full potential.

Key Highlights

  • Unique mixed‑use property with potential for diverse income streams.
  • Convenient location near the center of town and Route 8 expressway.
  • Includes a modern, occupied 4‑room, 2‑bedroom apartment with a built‑in garage.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Garden Center Storage Facility HVAC Service

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

1,203
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with redevelopment potential near the center of town.
Where is this mixed-use property located?
The property is located at 55 Wall Street Torrington, CT.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Unique mixed‑use property with potential for diverse income streams.; Convenient location near the center of town and Route 8 expressway.; Includes a modern, occupied 4‑room, 2‑bedroom apartment with a built‑in garage.
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