400 Torrington Road Litchfield, CT ^$ 2,800,000

400 Torrington Road

^$ 2,800,000

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400 Torrington Road

Litchfield, CT, 06759

^$ 2,800,000

Studio Baths7.2 Sq 17,990

Monthly Estimate*

^$ 18,610

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Studio

Commercial Property for sale in Litchfield, CT

for $2,800,000 with 7 full baths, 2 half baths. This 17,990 square foot building was built in 1900 on a lot size of 1.81.

Excellent income/investment opportunity available dba Fernwood Rest Home, Inc., aka Residential Care Home (RCH) comprised of (17,990) square feet. The subject property is a licensed ''Group Home'' with a maximum occupancy of (68) residents or (36) bedrooms, with some single and some double occupancy bedrooms for a total of (68) residents. Financials, income and expenses will be provided upon request. The current owners wish to retire after many years of operation.

Commercial Active

Price

^$ 2,800,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

1.81

Year Built

1900

Town/City

Litchfield

MLS | Web ID

24020493

Features

General

Interior Features Fire Suppression System

Exterior Features Awnings Gutters Lighting Outside Storage Area

Zoning C202

Full Baths 7

Half Baths 2

Year Built 1900

Neighborhood N/A

Heater Type Hot Air Hot Water Radiant

County Litchfield

Present Use Residential Rest Home aka (RCH)

Tax Year July 2023-June 2024

Location Suburban Other

Property Type Commercial For Sale

Status Active

Acres 1.81

Directions GPS Friendly. Corner of Torrington Rd and Fern Ave.

City Litchfield

Handicap Features Bath Grab Bars

Sq Ft Total 17990

DOM 20

Interior

Cooling System Ceiling Fans Central Air Ductless Wall Unit

Total Rooms 0

Utilities Available Electric Telephone Cable Fire Suppression System

Total Bathrooms 9

Total Bedrooms 0

Total Number of Units 36

Exterior

Water Source Shared Well

Lot Description Corner Lot Level Lot Cleared

* Excluded Features

List By

Giovanni Lomonte

Listing Agent

John Lomonte R. E. Appr.

Broker

john_lo_monte@snet.net

Affordability Calculator

$18,610

Per Month

Monthly Principal & Interest: $18,610
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Litchfield, CT

Average List Price ^$935,500

Percent of Sale Price 67%

About Litchfield, CT

8,559 Population

3% Since 2002

^$80,286 Median Income

50.45 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/25/2024	$2,800,000		Listed Price

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400 Torrington Road, Litchfield, CT, 06759 is a Commercial Property for sale at $2,800,000 with 17,990 sqft and a lot size of 1.81. 400 Torrington Road is a studio with 7.2 baths and was built in 1900. The property's zip code is 06759 which is in Litchfield, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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400 Torrington Road

Commercial Property for sale in Litchfield, CT

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