392 Torrington RoadLitchfield, CT 06759MLS Number 24026272

  • Price: $444,500
  • 241 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Feb 6, 2025
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  • 1.3Acreage
  • 2Bathrooms
  • 1963Year Built
  • 2,946Square Feet

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Excellent, unique and flexible investment opportunity that consists of (2) detached buildings on (1.3) commercially zoned acre's. The Front visible retail building was built in (1963) dba ''Ripe Tomato Deli'' is an eat-in restaurant / takeout deli with (1,440) s/f. The rear building is a single family ranch dwelling with (3) bedrooms and (2) full baths built in (1979). The deli lease is ($1,900) a month and expires next year, while the ranch is occupied by a relative of the owner, rent-free, albeit market rent is estimated at ($2,750) per month based on a recently performed appraisal.
Listed by Giovanni Lomonte of John Lomonte R. E. Appr.

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More Info

Basic Information

  • Broker NameJohn Lomonte R. E. Appr.
  • List Price$444,500
  • MLS Number24026272
  • Property TypeCommercial For Sale
  • StatusACT
  • TownLitchfield
  • Gross annual income$55,800
  • MLS StatusActive

Exterior

  • Exterior featuresGutters, Lighting, Pole Sign

Utilities

  • Heat SystemBaseboard, Hot Air
  • Heating FuelOil, Propane
  • Utilities availableElectric, Telephone, Cable
  • Water sourceShared Well
  • Cooling SystemCentral Air
  • Sewage systemPublic Sewer In Street
  • Electric Num of Services2

Tax Information

  • Assessed value$384,040
  • Tax YearJuly 2024-June 2025
  • Milrate total19
  • Taxes$7,105

Building

  • FoundationConcrete
  • RoofAsphalt Shingle
  • Year Built1963
  • Full Bath2
  • Bathroom2
  • Square Feet2,946
  • Sqft residential1508
  • Sqft retail1440
  • Stories1

Basic Information

  • Agent IDLOMONTEJ

Location

  • CountyLitchfield
  • LocationHighway Access, Retail Corridor
  • StateCT
  • Zip06759
  • Building Number392

Property

  • Acreage1.3
  • Lot DescriptionLevel Lot
  • Parking Spaces
  • Parking spaces uncovered7000
  • Business includedNo
  • Road Frontage DescriptionState Road

Other

  • Date Listed06/17/2024
  • Documents AvailableAppraisal
  • Present use''Ripe Tomato'' Deli & Detached Single Family
  • Potential useFlexible
  • View Count12
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
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Danbury, CT 06811

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