Property profile

126 Franklin St Torrington, CT 06790

FOR SALE
Office buildings
Property ID
US15-0576876
6,730 SF 0.42 ac lot Built 1900
Individually Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

A two-story, three-unit quasi commercial and industrial complex configured for flexible use, with units that can be interconnected while maintaining independence through separate HVAC, electrical service, hot water heaters, and city water meters. The building is heated with natural gas, and each unit includes a full-height 10-foot basement that provides additional storage. One unit (at address number 132) has its own loading dock for receiving and operational access. The property includes on-site paved parking for up to 25 vehicles and offers handicap-accessible features including accessible parking, a ramp, and half baths. The site is positioned for convenient access to the Town Center and Route 8 Expressway, and the layout supports owner-user or multi-tenant operation with multiple serviced spaces and individualized mechanical and utility systems.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,730 SF
Lot 0.42 ac (18,295 SF)
Zoning code DD
APN TORR M:117 B:025 L:006
UPID US15-0576876

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

126 Franklin St Torrington, CT 06790
Torrington metro Census 310300 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2014
2 recorded transactions
2014
$55,000
2010
$1

Zoning & alternative use

DD · Torrington, CT
Zoning description

The intent of this zone is to promote downtown district uses.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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