MLS Number 170183269
- Acreage 0.94
- Square Feet 10,300
Exceptional potential for an owner / user, or possibly even an investor. Multifaceted mixed-use property located in torrington's north end business district. Offers apartment rentals, street frontage retail/office space, garages, and energy efficient high-bay heated warehouse. Over three decades of owenership, this commercial complex features many upgrades documented by permits and a full detailed site plan. Building #1 has 2-retail areas, plus 4 legal completely renovated attractive apartments that are fully occupied. Tenants pay their own heat, electric & hot water. All kitchens include an electric range/oven & refrigerator. There is also a large underneath garage/storage area which has potential for additional rental income. Connected to building #1 is a 5-bay garage w/approximately 1,300+/-s/f of second floor storage. This storage area has approvals from planning & zoning to convert to a 3-bedroom apartment. This approval is valid until 2021. Present total monthly rental income on building #1 is $3,700.00. Next there is a 9 year old 30' x 24' free-standing high-bay metal building. This building is unheated but is completely insulated. An older detached 4-bay garage is located at the extreme rear of this site.
Lastly, is the 14 year old heated 4,500 plus s/f high-bay "morton" warehouse facility. There are 2 -hi-lift overhead doors. The front one is 12' x 14' & the rear is 10' x 10'. Warehouse & walk-up mezzanine are heated by 4 - 100,000 btu natural gas overhead units.
Listing Courtesy of Cohen Agency