Beds
Baths
7,238 Sq. Ft.
$162 / Sq. Ft.
7,238
Sq. Ft.
$162
per Sq. Ft.

Description

NEWLY UPDATED 2025 (PRICE REDUCED, NEW LEASES, UPDATED INCOME) Incredible Investment Opportunity directly in Downtown Torrington featuring extremely stable income at above market returns and extremely low operating costs. The property sits just steps away from city hall on an EXTREMELY high traffic corner parcel intersection in Downtown Torrington with excellent visibility (16,000 VPD count), easy pedestrian and vehicle accessibility with a private parking lot with overflow and 16 cash flowing units....NEWLY UPDATED 2025 (PRICE REDUCED, NEW LEASES, UPDATED INCOME) Incredible Investment Opportunity directly in Downtown Torrington featuring extremely stable income at above market returns and extremely low operating costs. The property sits just steps away from city hall on an EXTREMELY high traffic corner parcel intersection in Downtown Torrington with excellent visibility (16,000 VPD count), easy pedestrian and vehicle accessibility with a private parking lot with overflow and 16 cash flowing units. Benefit from an extensive 2024 renovation providing little to no deferred maintenance. Property features city water/sewer, gas, new common area mailboxes, upgraded interior/exterior surveillance systems, energy efficient tinted windows, new LED Lights, a new roof, new flooring/carpeting, and all new HVAC units and mechanicals. The thriving Torrington economy provides a very high absorption rate and as a result, the property is 100% leased to a wide variety of tenants (lawyers, tax professionals, insurance, salon, roofing contractors, therapists, board games, recording studio, stretch therapy, etc). Value add potential for anyone looking to turn all the below market leases to NNN, rooftop opportunities for billboards and cell towers. Property is just minutes from Charlotte Hungerford Hospital and the Litchfield County Courthouse, creating an ideal workplace for legal and healthcare professionals. Great for Passive Income/Absolute Minimum Landlord Responsibilities.
  1. Listed by Zach Pranger • Group Realty LLC
    P: (203)-751-1390 C: (203)-751-1390 zachary@eastcoastgrouprealty.com

Property Details for 257 Main Street

Location
Downtown
Neighborhood
N/A
LISTING UPDATED: 12/04/2025 08:07 PM

Property Details for 257 Main Street

StatusClosed
MLS #24029135
Days on Market498
Taxes$26,175 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeNon-Residential
MLS Type-
Year Built1955
Lot Size0.26 AC / 11,325 SF
CountyLitchfield County

Location

Listing Courtesy of Group Realty LLC, Zach Pranger

Sold By eXp Realty, Michael P Doherty

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Building Information for 257 Main Street

Stories-Residences16Year Built1955Lot Size0.26 AC / 11,325 SF

Payment Calculator

$8,098 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,917

Property Taxes

$2,181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 257 Main Street

Summary
Property and Location
  • Directions: 257 Main Street in Torrington. Park in lot.
  • Latitude: 41.80569
  • Longitude: -73.121444
  • State: Connecticut
HOA and Fees
  • Tax Year: July 2025-June 2026
  • Property Tax: $26,175
Interior and Exterior Features
Interior Features
  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Interior Features: Security System, Window Display
Property
Property and Assessments
  • ADA Compliant: Yes
  • Construction Description: Concrete, Masonry
  • Handicap Features: Chair Lift, Handicap Parking
  • Road Frontage Description: Municipal Street
  • Roof: Rubber
  • Sq Ft Source: Public Records
  • Year Built: 1955
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 7238
Lot Information
  • Documents Available: Brochure
  • Lot Description: N/A
  • Parcel Number: 882792
  • Sq Ft Total: 7238.0
  • Zoning: DD
Utilities
  • Heat Fuel Type: Electric, Gas In Street
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric, Gas
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 36853
  • Gross Annual Income: 140833
  • Net Operating Income: $103,980
  • Occupied By: Tenant
  • Total Number of Units: 16
Building Details
  • Number of Tenants: 11

Property History for 257 Main Street

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Closed (Public Record)

Public Record #1923606764

$1,175,000

+19.1% / yr

Jul 15, 2020

Closed (Public Record)

Public Record #1388783075

$460,000
Jul 15, 2020

Closed (Public Record)

Public Record #673066134

$460,000

+8.9% / yr

DateEvent & SourcePrice
11/25/2025

Closed (Public Record)

Public Record #1923606764

$1,175,000

+19.1% / yr

07/15/2020

Closed (Public Record)

Public Record #1388783075

$460,000
07/15/2020

Closed (Public Record)

Public Record #673066134

$460,000

+8.9% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 257 Main Street

Taxable ValueLand$37,520Additions$643,230Total$680,750
Tax Record2024$26,175 ($2,181 / month)
Home Facts
Total Finished SqFt7,238 SqFtAbove Grade Finished SqFt7,238 SqFtUnfinished Basement SqFt874 SqFtStories2Lot Size11,326 SqFtStyleOffice BuildingYear Built1955ZoningDDCountyNORTHWEST HILLSAPNTORR M:118 B:010 L:006

Schools near 257 Main Street

This home is within Torrington School District.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Abc / Torringford
Public2 to 5

Torrington Middle School
Public6 to 8

Torrington High School
Public9 to 12

Torringford School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Group Realty LLC, Zach Pranger

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.