Great Opportunity for Owner/User or Investor

Office for Sale
Catylist Listing ID: 30531821
Property Subtypes: Office Building, Other
Building Size (RSF): 3,582 SF
Gross Building Area: See Agent
Gross Land Area: 0.41 Acres
Sale Price: $375,000
Unit Price: $104.69 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/9/2019

Overview / Comments

This fully renovated and well-maintained building is ideal for an owner occupant or investor. The owner currently has her office on site and rents out approximately 1,400 sq. ft. to a medical tenant. There is an opportunity to convert the second floor back into a large two bedroom apartment and finish an area for an additional studio apartment. This area has been roughed-in for electrical and plumbing. Additional features: 14 off-street parking spaces (with approved site plan to expand to 18 spaces), Cat-5 wiring, six year old oil burner, new oil tank, 5-zone heating system and four electric meters.

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Additional Details

Nearest MSA: Torrington
County: Litchfield
Tax ID/APN: 35.2/129
Zoning: B-1
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1882
Year Renovated: 2018
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface
Total Parking Spaces: 14
Heat Type: Oil
Air Conditioning: Window Unit, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,560 20,144 32,117
Median Age: 40.1 41.42 42.45
Households: 1,409 7,744 12,270

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