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First time available to the market in decades, this iconic downtown Torrington property presents a rare opportunity to own a highly visible standalone commercial building with abundant parking and significant future growth potential. Long recognized as a fixture within the community, the property offers the flexibility to continue its current use (business available separately) or be reimagined for a variety of commercial ventures, including retail, a coffee shop, professional offices, medical services, or other entrepreneurial concepts. Originally constructed in the mid-20th century, the building combines classic architectural character with distinctive early industrial design elements. Most notably, the sawtooth roof features north-facing glass panels that flood the interior with natural light while minimizing solar heat gain. Expansive window walls further enhance the bright, open atmosphere, creating an inviting environment for customers, clients, and employees alike. Adding to its appeal, the property extends to the East Branch of the Naugatuck River, offering unique possibilities for additional parking, outdoor amenities, or future expansion, subject to applicable approvals. Whether you are an investor, owner-occupant, or visionary entrepreneur, this is a rare opportunity to establish your presence in one of downtown Torrington's most recognizable commercial landmarks.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $356,000 | $356,000 | $356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | $416 | $416 | $416 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,163 | $2,250 | $2,932 |
| Total Monthly Payment | $2,654 | $2,741 | $3,423 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.