571 Torrington RoadLitchfield, CT 06759MLS Number 170455034

  • Sale Price: $1,250,000
  • 2 Days Since Sale
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Federal 30-year interest rate: 6.66% last updated on Oct 6, 2022
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571 Torrington Road Litchfield CT 06759
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  • 21Bedrooms
  • 9.9Acreage
  • 25Bathrooms
  • 1990Year Built

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Calling all entrepreneurs! This bed & breakfast / hospitality property has 3 buildings, 20+ bedrooms, a restaurant and bar, 2 commercial kitchens, wine cellar, a ballroom and an incredible amount of untapped business potential. A repositioning plan shows the potential for almost $5M in revenue generation with an arguably conservative business plan. Potential business operations at this property include: hotel rooms, restaurant and bar, weddings, special events, conventions, fairs, a spa and so much more. This property and business are currently underutilized and an owner / operator with the right vision could turn this property in to a regional destination. The Inn is setback from the main road, Torrington Road (Rt202) and comprises a triangular property of 9.9 acres bounded by Torrington Road, Tollgate Road and Wilson Road. The entire rear two thirds of the property is undeveloped and wooded. Some of the trees are tapped for maple syrup which is produced by a small sugar shack about one half mile up Wilson road. The town of Litchfield is know as a quintessential New England Village and the Inn is 2.5 miles from the Litchfield town green. The area is known for its antiques, artisans and outdoors activities, and yet it is within 100 miles of New York City and 130 miles of Boston. Bradley Airport is within a 1-hour drive.
Listed by Chadwick Ciocci of Kinard Realty Group Commercial

Listing Sold by BHGRE Shore & Country

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More Info

Basic Information

  • MLS Number170455034
  • StatusSLD
  • List Price$1,350,000
  • Square Feet14,500
  • Property TypeResidential
  • HoaNo
  • Lease purchaseNo
  • Sale Date10/05/2022
  • Sale Price$1,250,000

Property

  • Acreage9.9
  • Building ConstructionFrame, Log
  • Lot DescriptionDry, Secluded, Lightly Wooded
  • Driveway TypePrivate, Circular
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo

Tax Information

  • Assessed value$1,057,560
  • Milrate base26
  • Milrate total26.8
  • Taxes$28,343
  • Tax YearJuly 2022-June 2023

Building

  • Full Bath21
  • Half Baths4
  • BasementFull, Full With Hatchway, Full With Walk-Out
  • AtticYes
  • Garage Spaces
  • Bedrooms21
  • Bathroom25
  • Year Built1990
  • Property StyleColonial, Farm House
  • Fireplaces15
  • FoundationConcrete, Stone
  • Garage Parking InfoUnpaved, Paved
  • New construction typeNo/Resale
  • Inlaw apartmentyPossible

Water Body

  • Waterfront DescriptionNot Applicable

Other

  • Appliances Included
    • Dryer
    • Freezer
    • Gas Cooktop
    • Gas Range
    • Icemaker
    • Microwave
    • Oven/Range
    • Range Hood
    • Refrigerator
    • Washer
  • Original listprice$1,350,000
  • Fha approvedNo
  • SubletableNo
  • Space is leasedNo
  • Offmarket date05/26/2022
  • View Count7

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Rooms

  • Laundry room infoLower Level

Location

  • StateCT
  • Zip06759
  • CountyLitchfield
  • Short SaleNo

Interior

  • Rooms35
  • Rooms additional
    • Foyer
    • Gym
    • Laundry Room
    • Sitting Room
    • Staff Quarters
    • Wine Cellar
  • RoofAsphalt Shingle
  • Room count1

Exterior

  • Exterior featuresCovered Deck, Deck
  • Exterior sidingWood

Utilities

  • Waters ourcePrivate Well
  • Cooling SystemCentral Air, Wall Unit, Zoned
  • Hot water descriptionPropane
  • Heating FuelGas In Street
  • Fuel tank locationAbove Ground
  • Heat SystemHot Air, Hot Water, Steam, Zoned
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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