257 Main St Torrington, CT 06790

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 systems. The building features city water/sewer and gas. Currently leased to a diverse tenant mix (lawyers, healthcare professionals, etc.), this property offers significant value-add potential through lease adjustments and potential rooftop development. Its prime location near Charlotte Hungerford Hospital and the Litchfield County Courthouse ensures strong tenant demand. The low operating costs and stable income stream make this an ideal investment for passive income generation with minimal landlord responsibilities. The property is zoned DD and sits on a highly visible corner lot with ample private parking. Built in 1955, this Class B multi-tenant building offers a rare combination of strong cash flow and future upside.