705 Migeon Ave Torrington, CT 06790-4551
This exceptional 1,960 square foot freestanding commercial building, located at 705 Migeon Avenue in Torrington, Connecticut, presents a unique investment opportunity. Previously utilized as a Cumberland Farms gas station and convenience store, this property is now available for a diverse range of retail uses, free from any deed restrictions. The site encompasses 0.32 acres of land, providing ample space for various business operations. All necessary environmental clearances have been obtained following the complete removal of underground storage tanks, ensuring a smooth transition for any prospective buyer. Benefitting from a highly desirable location, the property enjoys excellent visibility and accessibility due to its proximity to major highways, thriving shopping centers, and popular restaurants. The high daily traffic count of approximately 10,500 vehicles ensures significant exposure for any business operating from this address. The asking price is $699,000, and the seller is willing to explore various financing options to facilitate a seamless purchase. The property is being sold in its current "as-is" condition. This presents a rare chance to acquire a well-situated commercial property with significant potential in a bustling area of Torrington.
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Citizens ATM Atm
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Cumberland Farms Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LB · Torrington, CTTorrington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.