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    535 Migeon Ave Torrington, CT 06790

    Sponsored
    For Lease
    $3 SF/Yr

    Industrial Flex Space, CT - 15,000 SF+

    Lot size:
    225,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story industrial flex space at 535 Migeon Avenue in Torrington, Connecticut, offers a unique opportunity for businesses seeking versatile and adaptable space. The property boasts a total of 225,000 square feet, with 15,000 square feet currently available for immediate occupancy. The flexible layout is ideal for a variety of uses, catering to businesses requiring a blend of office and warehouse space. The building's multi-tenant configuration provides a dynamic and collaborative environment. The available space ranges from 15,000 to 150,000 square feet, allowing for customization to meet specific operational needs. Located at 535 Migeon Avenue, Torrington, CT 06790, this property offers convenient access to major transportation routes, enhancing logistical efficiency. The building's substantial size and flexible design make it an attractive option for companies seeking expansion or relocation in the thriving Torrington market. With its strategic location and adaptable space, this property presents a compelling investment opportunity for businesses seeking a versatile and functional workspace. Contact us today to learn more about this exceptional flex space and schedule a viewing.

    Property Features for 535 Migeon Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    225,000 SF
    Total Rate
    56250

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Available Space
    Size
    150,000 SF
    Rate per SF
    $3
    Space
    Available Space 2
    Size
    15,000 SF
    Rate per SF
    $4

    HighLights

    • 225,000 square foot industrial property.
    • 150,000 square feet available for lease.
    • Divisible to 5,000 square foot units.
    • 6,000 lb. freight elevator (12' x 8').
    • Fully sprinklered fire protection system.
    • 60,000 square foot, three‑story cold storage building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Daddy's Diesels ... Diesel Engine Repair Service

    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
    -73.134721
    Latitude
    41.812544

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    FAQs

    What type of property is this?
    Flex space - Industrial Flex Space, CT - 15,000 SF+
    Where is this flex space located?
    The property is located at 535 Migeon Ave Torrington, CT.
    What is the lease rate?
    The lease rate is $3-$4 SF/Yr.
    What are key features of this property?
    This property features: 225,000 square foot industrial property.; 150,000 square feet available for lease.; Divisible to 5,000 square foot units.
    Request Owner's contact information
    535 Migeon Ave 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
    535 Migeon Ave Torrington, CT 06790
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