187 Church St Torrington, CT 06790
- Office buildings
- 3,640 SF
- 0.29 lot acres
Current Use by Public Records
- Office buildings
Property Details for 187 Church St
- Year built
- 1905
- Lot size
- 0.29 lot acres
- Property size
- 3,640 SF
- Zone code
- DD
- Property type
- Office buildings
- APN
- TORR M:117 B:004 L:008
- APU
- TORRM117B004L008
Description
This stunning 4,594 square foot, three-story neo-classical office building, located at 187 Church Street in the heart of Torrington, CT, presents a unique investment opportunity. Built between 1897 and 1905 by Michael Batters, this historically significant property, listed on the Historic Registry, boasts original oak paneling and abundant natural light. The building, currently zoned DDD, offers versatile usage potential, including office, retail, gallery, and even residential conversion on the upper floors. A 2015 renovation included the installation of new windows, enhancing both energy efficiency and aesthetic appeal. The property sits on a 0.29-acre lot and includes a large paved parking area for convenient access. Its prime downtown location provides easy walking distance to numerous restaurants and galleries, ensuring high visibility and accessibility. The building's rich history, combined with its modern updates and flexible zoning, makes it an exceptional prospect for a discerning buyer. A virtual tour is available for a comprehensive view of this remarkable property. The asking price is $349,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $295,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $325,000
- Mixed-Use
- $335,000
- Hospitality
- $260,000
- Educational
- $260,000
- Residential Income
- $330,000
- Energy
- $345,000
- Income-Based Land
- $310,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Torrington
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.1264
- Latitude
- 41.8031
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA