Property profile

443 Main St Torrington, CT 06790

FOR SALE
Manufacturing properties
Property ID
US15-0840438
2,970 SF 0.18 ac lot Built 1930
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,970 square foot mixed-use property at 443 Main Street, Torrington, CT, presents a rare investment opportunity. The building sits on a 0.18-acre lot and offers a blend of commercial and established business space. The ground floor boasts multiple offices, three bathrooms, a sizable storage area, and a 31' x 10' garage bay with convenient garage door access. Upstairs, the thriving Ewold's Upholstery business occupies a well-appointed space including a bathroom, additional storage, and multiple entrances. A valuable deeded easement grants shared parking access to lots in front of the building and behind 451 Main Street (Dairy Queen), ensuring ample parking for both the business and any additional commercial tenants. This strategic location provides excellent visibility and accessibility. The asking price is $1,077,000. To further sweeten the deal, the current owner of the upholstery business is offering 12 months of mentorship to the new owner, providing invaluable support and continuity. This property is ideal for investors seeking a strong return or entrepreneurs looking to acquire an established business with built-in mentorship. Don't miss this chance to own a thriving business and prime commercial real estate in a desirable Connecticut location.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,970 SF
Lot 0.18 ac (7,841 SF)
Zoning code LB
APN TORR M:118 B:011 L:048
UPID US15-0840438

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Furniture & Home Goods

Location

443 Main St Torrington, CT 06790
Torrington metro Census 310200 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2006
2 recorded transactions
2006
$1
2000
$150,000

Zoning & alternative use

LB · Torrington, CT
Zoning description

The intent of this zone is to promote local business 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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