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    85 North Colony St Wallingford, CT 06492

    For Sale
    $649,900

    Commercial For Sale - Wallingford, CT

    Property size:
    2,868 SF
    Lot size:
    0.11 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 85 North Colony St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    M94 store/shop mixed use
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    2046628
    Interior features
    Living Space Available, Public Restrooms, Security System, Window Display
    Exterior features
    Sidewalk
    Size
    2,868 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1900
    Floors in Building
    3
    Roof type
    Asphalt, Membrane, Shingle
    Architectural style
    Other

    Home Run Realty, LLC (203) 239-2228 [email protected]

    Listing agent Billie D'alessio (203) 239-2228

    Listing date Oct 15, 2025

    MLS# 24077174 Listing URL

    Copyright © 2025 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.

    Overview

    Wallingford Commercial Mixed-Use Property

    This mixed-use property in Wallingford, CT, offers a blend of commercial and residential spaces. The property, zoned M94 for store/shop mixed-use, includes two retail units that can be combined. Additionally, there is a two-bedroom apartment on the second floor and a one-bedroom apartment with a den/office on the third floor. The entire property, totaling 2868 square feet on a 0.11-acre lot, has been updated and is ready for occupancy. This property presents an opportunity to start a business while having tenants contribute to the mortgage, or to reside in one unit while collecting rent from the others.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8230426
    Latitude
    41.4580294

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    FAQs

    What type of property is this?
    Mixed-use property - Updated mixed-use property with retail and residential units in Wallingford.
    Where is this mixed-use property located?
    The property is located at 85 North Colony St Wallingford, CT.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Opportunity to start a business with rental income from tenants.; - Potential to live in one unit and rent out the others.; - Updated and ready-to-rent units.
    (203) 239-2228
    Request Owner's contact information
    85 North Colony St Wallingford, CT 06492
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    85 North Colony St Wallingford, CT 06492
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