Financial
Distress signals
Property profile

257 Main St 105 Torrington, CT 06790

FOR LEASE
Office buildings
Property ID
US15-1247900
7,238 SF 0.26 ac lot Built 1955
Last sale Dec 2025 · $1,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 7,283 sq ft, two-story creative office building in downtown Torrington, CT, presents a compelling value-add investment opportunity. Boasting a 7.80% cap rate and 100% occupancy across 16 units, the property enjoys an extremely high-traffic location (16,000 VPD) with excellent visibility near City Hall. A comprehensive 2024 renovation eliminated deferred maintenance, including a new roof, HVAC systems, flooring, LED lighting, energy-efficient windows, and upgraded security

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$362k
Assessed land$51k
Assessed improvement$311k
Effective rate4.80%

Value estimate

· Sep 2026
$480k
$432k – $528k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$53 – $121

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DD
The intent of this zone is to promote downtown district uses.
General categoryCOMMERCIAL
JurisdictionTORRINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.6
Parking Facility9.3
Garden Center9.3

Location

257 Main St, Unit 105 Torrington, CT 06790
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Water, Torrington, CT 06790-5320 $190,000 May 2025 4,408 SF
3600 Winsted, Torrington, CT 06790-2227 $1,000,000 Oct 2024 5,200 SF
663 Main, Torrington, CT 06790-5665 $1,050,000 Jul 2024 4,924 SF
883 Main, Torrington, CT 06790-3349 $410,000 Sep 2022 4,438 SF
175 Prospect, Torrington, CT 06790-6334 $425,000 Apr 2022 6,270 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message