121 Union Avenue, Litchfield

0 Square Feet

Tax History: $887.00 in 2024

**Triple-Income Investment Opportunity in Downtown Litchfield!** Don't miss this exceptional opportunity to own two income-producing buildings at **119 & 121 E. Union Avenue** in the heart of thriving downtown Litchfield. With multiple revenue streams already in place and room for future growth, this property is an outstanding investment. **121 E. Union Avenue** is home to a successful and well-established BBQ restaurant featuring a full commercial kitchen and a spacious dining area. A current lease is in place with the restaurant tenant and must be honored, providing immediate rental income from day one. Roof over restaurant is newer. **119 E. Union Avenue** features the beautifully designed dining room and bar area that complements the restaurant next door. Upstairs, you'll find **two occupied 1-bedroom, 1-bath apartments**, creating additional rental income. With some updates, the apartments offer the potential to be converted into **2-bedroom units**, increasing their rental value and appeal. Situated on one of the busiest streets in downtown Litchfield, with an average of 10,700 daily traffic volume, this unique property offers the rare opportunity to generate income from **commercial and residential tenants** while providing plenty of upside for future growth. Whether you're looking to expand your investment portfolio or secure a prime downtown property with established cash flow, this is an opportunity you won't want to miss! Current income and lease agreements can be provided to pre approved buyers agent

This property is located on 0.0474 Acre(s).

Approximate lot size is 0 Acre(s)