NOMADEReal Estate

$320,000

Active

88 Water Street

Torrington, Connecticut, 06790 · Litchfield County

0

Beds

2

Baths

1,510

Sq Ft

1930

Built

MLS # 24161154

Price / Sq Ft

$212

Property Type

Commercial For Sale

Lot Size

0.07

Class

Property

About This Property

This is a well-established and highly reputable restaurant INCLUDING the real estate in the heart of Torrington, CT. Operating successfully for over 42 years, Nicholas Pizza is a beloved establishment and offers a strong and consistent revenue stream from dine-in, take-out, and delivery. The property is ideally situated on a high-traffic road near the center of Torrington and features ample parking, making it easily accessible for customers. The sale includes the business AND the real estate, as well as ALL furniture, fixtures, equipment, and inventory. Also included are the rights to the business name, phone number, website, proprietary recipes, and other intellectual property. The current owner is committed to ensuring a smooth transition and is willing to remain on a part-time basis to assist with training, if desired. With a loyal customer base, this is a true turnkey opportunity offering immediate cash flow and long-term potential. Schedule a private showing and learn more about this outstanding opportunity to own your own business and to be your own boss.

Property Details

88 Water Street, Torrington Connecticut 06790 — Commercial For Sale listed at $320,000.

At a Glance

0

Bedrooms

2

Bathrooms

1,510

Sq Ft

0.07

Lot Size

--

Garage

1930

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodLitchfield
Address88 Water Street
MLS Number24161154
Year Built1930
Square Footage1,510
Lot Size0.07
Bedrooms0
Bathrooms2
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value91070
Mil Rate Total38.45
Property Tax3502
Tax YearJuly 2025-June 2026

Other Details

Business Included YNNYes
Documents AvailableOther
Gross Annual Expense138003
Gross Annual Income208715
Net Operating Income70712
Parcel Number887136
Traffic Count100000
ZoningDD

Property Features

Cooling SystemSplit System,Wall Unit
Exterior FeaturesSidewalk,Door Sign
FlooringTile
Heat Fuel TypeGas In Street
Heat TypeHot Air
Roof InformationOther

All Photos (16)

Affordability Calculator

$320,000

Down Payment$64,000
Loan Amount$256,000
Principal & Interest$1,618/mo
Property Tax$320/mo
Insurance$100/mo
Est. Monthly$2,038/mo

Listing Agent

C

Curt Henderson

William Raveis Real Estate

Contact Curt Henderson

Fill out the form below and we will respond promptly.

Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24161154
Last Updated2026-04-07
88 Water Street — $320,000 (0 beds · 2 baths · 1,510 sqft) | Nomade Real Estate