392 Torrington Rd Litchfield, CT 06759

Property Details for 392 Torrington Rd

Lot size

1.30 lot acres

Zone code

C202

Property type

Commercial real estate

APN

LITC M:127 B:37 L:6

APU

LITCM127B37L6

Description

This exceptional investment opportunity in Litchfield, CT, presents two distinct buildings on a 1.3-acre commercially zoned lot. The prominent front building, a 1,440-square-foot retail space constructed in 1963, currently operates as a successful eat-in restaurant/takeout deli under a lease generating $1,900 per month, expiring next year. This provides immediate income potential. The rear building, a 3-bedroom, 2-bathroom single-family ranch house built in 1979, offers additional income possibilities. Currently occupied rent-free by a family member, a recent appraisal estimates market rent at $2,750 per month. The total property encompasses 2,946 square feet, presenting a versatile combination of established commercial space and residential potential. The location on Torrington Road offers excellent visibility and accessibility. This property is ideal for investors seeking a blend of immediate income and future development opportunities, allowing for diverse strategies to maximize returns. The flexible zoning allows for a variety of uses, making this a truly unique and attractive investment. The property's size and layout provide ample room for expansion or modification to suit future business needs. This is a rare chance to acquire a well-situated, income-producing property with significant upside potential.

Location Insight

City

Litchfield

County

Litchfield

State

Connecticut

Longitude

-73.1757

Latitude

41.7667

CBSA code

45860

CBSA name

TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments