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    523 Main St Torrington, CT 06790

    Sponsored
    For Lease
    $156 SF/Yr

    Prime Retail/Office Space, High Traffic

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial space, located at 523 Main Street in the thriving city of Torrington, Connecticut, presents a fantastic opportunity for a discerning business. Situated in a high-traffic area, this single-tenancy property benefits from its prominent Main Street location, ensuring excellent visibility and foot traffic. The space is adaptable and suitable for a variety of retail or office uses. The property includes a convenient back room, previously utilized as a break room and storage area, offering additional versatility. Shared parking is available, adding convenience for both employees and customers. Neighboring businesses include a laundromat, Latina Market, and a Walgreens, creating a synergistic retail environment. Torrington is experiencing population growth, making this an ideal time to establish a business in this up-and-coming city. The property's size is currently unlisted, but the space is ready for immediate occupancy. This location offers a unique blend of accessibility, visibility, and potential within a growing community. The address is 523 Main St, Torrington, CT 06790.

    Property Features for 523 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $156

    HighLights

    • 523 Main St, Torrington, CT 06790: High‑traffic Main Street location offering excellent visibility and foot traffic.
    • Adaptable single‑tenancy space suitable for retail or office use, including a back room for storage or break area.
    • Shared parking available.
    • Located near a laundromat, Latina Market, and Walgreens.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Serenity Nails Nail Salon Herbalife Fitness Center

    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
    -73.1216602
    Latitude
    41.8111779

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Retail/Office Space, High Traffic
    Where is this office property / space located?
    The property is located at 523 Main St Torrington, CT.
    What is the lease rate?
    The lease rate is $156 SF/Yr.
    What are key features of this property?
    This property features: 523 Main St, Torrington, CT 06790: High-traffic Main Street location offering excellent visibility and foot traffic.; Adaptable single-tenancy space suitable for retail or office use, including a back room for storage or break area.; Shared parking available.
    Request Owner's contact information
    523 Main St Torrington, CT 06790
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    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
    523 Main St Torrington, CT 06790
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