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$2,200,000
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Property Description
RARE opportunity to acquire a long-standing well-known restaurant property in the heart of Torrington Ct - one of Litchfield County's fastest evolving micropolitan markets. Positioned along a major commercial corridor with excellent visibility, easy access Right off of Route 8 and Route 4 and valuable on site parking. A true competitive advantage in Torrington's downtown district. The property encompasses approximately 3630 sqft and sits on a .64 acre parcel, offering substantial frontage, strong traffic exposure, room for parking, patio use and operational flexibility. The site benefits from an outdoor patio space with large canopy, expanding seating capacity and creating opportunity for seasonal dining, events or branded outdoor concepts. A standout feature is a full basement with two entry ways. The basement includes a bathroom, office, bakery room and storage areas that offers exceptional flexibility for storage, prep, or staff facilities allowing the main level to be fully optimized for guests experience and revenue-generating use. The property also features a concrete ramp for entrance and a seating room area upon entry. The structure features reinforced concrete construction, and has been seen ongoing capital improvements. The restaurant gears 3 POS systems, jukeboxes, 2 desert displays and large counter. Multiple acquisition strategies: Continue a successful operation, introduce a new food concept, or open a new franchise concept.
Full Property Details
Full Property Details for 417 E Elm St
General
- Price: $2,200,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24148124
- Updated: 1/9/2026
- Added to Site: 8 day(s) ago
Business
- Business Included: Yes
Interior
- Interior Features: Public Restrooms
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Restrooms: 3
Exterior
- Exterior Features: Sidewalk, Awnings, Lighting, Loading Dock/Grade, Pole Sign
Parking
- Uncovered Spaces: 48
Location
- County: Litchfield
- Driving Directions: Per Gps
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Gas
Structural Information
- Roof: Rubber
- Disability Access: 32" Minimum Door Widths, Exterior Curb Cuts, Ramps
- Square Feet: 3,630
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Diner/Restaurant
- Year Built: 1984
Unit Information
Unit 1
- Total Bathrooms: 2
Lot Features
- Lot Size (Acres): 0.64
- Frontage: U.S. Highway, State Road, Municipal Street
- Present Use: Diner/Restaurant
- Potential Use: Restaurant, Medical,
- Zoning: LB
- Lot Description: Corner Lot, Level Lot, Cleared
Financial Considerations
- Assessment Amount: $493,850
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Brochure, Demographic Data, Photo/Survey
- Property ID: 891438
Listed by Litchfield County Real Estate, Kristen Duchene
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Schools
Schools serving 417 E Elm St
School District:Torrington School District
| Name | Grades | Distance |
|---|---|---|
Forbes School 500 Migeon Avenue, Torrington, CT 06790 | 4-5 | 1.1 mi |
Torringford School 800 Charles Street, Torrington, CT 06790 | K-3 | 1.2 mi |
Torrington Middle School 200 Middle School Drive, Torrington, CT 06790 | 6-8 | 2.8 mi |
Torrington High School 50 Major Besse Drive, Torrington, CT 06790 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 417 E Elm St
Date
Details
Price
Change
Source
1/09/2026
Listed
$2,200,000
1073.33%
MLS
4/24/2000
Sold
$187,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 417 E Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,989
25%
$493,850
55%
2023
$15,252
—
$317,940
—
2023
$15,248
3%
$317,940
1%
2022
$14,794
2%
$313,830
—
2021
$14,490
—
$313,830
—
2020
$14,490
—
$313,830
—
2019
$14,539
—
$314,910
—
2018
$14,539
1%
$314,910
—
2017
$14,407
—
$314,910
—
2016
$14,407
—
$314,910
—
2015
$14,407
22%
$314,910
-3%
2014
$11,851
-11%
$326,290
-16%
2011
$13,376
—
$388,170
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 417 E Elm St
417 East Elm Street, Torrington, CT 06790 (MLS# 24148124) is a Commercial property. 417 East Elm Street is currently listed for $2,200,000 and was received on January 09, 2026. Want to learn more about 417 East Elm Street? Do you have questions about finding other Commercial real estate for sale in Torrington? You can browse all Torrington real estate or contact a Coldwell Banker agent to request more information.

