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Mixed-Use Property with Retail and Apartments

85 N Colony Street Wallingford, CT 06492

85 N Colony Street, Wallingford, CT, 06492
$650,000
Pending
For Sale
$650,000
Pending

MULTI_FAMILY - Wallingford, CT

Property Size2,962 SF
Lot Size0.11 Acres
Days on Market182

Property Features for 85 N Colony Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
CA6
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking
8
Exterior features
Sidewalk,Gutters
Basement
Unfinished, Full
Standard status
Pending
Size
2,962 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4190

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1900
Architectural style
Other
Listing agency HomeRun Realty LLC
Listed by Billie D'alessio
Added: Jan 20 Updated: Jul 7 at 2:30AM Checked: Jul 21 at 10:06AM
MLS# 24150119

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This move-in ready four-unit mixed-use property includes first-floor retail space and residential units on the second and third floors. The first floor features two separate retail units, each with a half bath. The second floor is built as a two-bedroom apartment, while the third floor offers a one-bedroom contemporary-style unit. Separate utilities are provided for the individual units.

Located at 85 N Colony Street in Wallingford, Connecticut, the building sits on a 0.11-acre lot. The property is approximately 0.2 miles from a new train station, with general access to nearby shopping, restaurants, and entertainment.

The layout supports multiple operating and occupancy scenarios, including running a business in one retail unit while renting the remaining spaces to help offset expenses. With residential units already in place above the retail, the property may also appeal to buyers looking to add or reconfigure rental housing, subject to applicable requirements tied to zoning CA6.

Key Highlights

  • Mixed‑use building with 4 units total: two separate first‑floor retail units, plus second‑floor 2‑bedroom apartment and third‑floor 1‑bedroom unit
  • Each retail unit includes a half bath; building includes multiple bathrooms across the units
  • All separate utilities, with tenants helping defray expenses as stated in remarks

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

(Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Butcher Tech Support Center Catering Service Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Four-unit mixed-use building offers separate utilities and ready-to-occupy retail and apartment spaces on three levels.
Where is this mixed-use property located?
The property is located at 85 N Colony Street Wallingford, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use building with 4 units total: two separate first‑floor retail units, plus second‑floor 2‑bedroom apartment and third‑floor 1‑bedroom unit; Each retail unit includes a half bath; building includes multiple bathrooms across the units; All separate utilities, with tenants helping defray expenses as stated in remarks
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