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Mixed-Use Property with Workshop
For Sale
$518,000

1002 Yale Avenue, Wallingford, CT 06492

Commercial For Sale, Wallingford, CT

Property Size2,593 SF
Lot Size0.49 Acres
Price / SF$199.77
Days on Market49

Property Features for 1002 Yale Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R18
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 12
Security features Security System
Interior features Loading - Dock Height,Loading - Grade,Security System
Exterior features Storage Building,Doors - 10-15 ft,Gutters,Loading Dock/Well,Lighting,Outside Storage Area,Loading Dock/Grade,Pole Sign,Door Sign
Directions S. Colony to Yale
Subdivision Yalesville
Standard status Active
Size 2,593 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 5700

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

lobby
conference room
kitchenette
full bath
security system

Building Details

Year built 1945
Floors in Building 1
Flooring type Vinyl, Concrete
Additional Structures Storage
Listing Agency: William Pitt Sotheby's Int'l · Sotheby's International Realty
Listed By: Alicia Mahon · License #RES.0811441
Added: Aug 31 Changed: Oct 18 Last Checked: Oct 18 at 7:06AM
MLS# 24202533

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.

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Investment Insights

Based on property information with market context.

This mixed-use property combines office, workshop, and warehouse space on a 0.49-acre parcel. The office area measures 1,539 square feet and includes a lobby, conference room, kitchenette, and full bathroom. A connected 1,054-square-foot workshop has loading access and a garage below it. The separate heated warehouse measures 720 square feet and has a 9-foot garage door. The property is configured for three tenants, with a security system and on-site parking. Central air, public water, and public sewer serve the property.

Built in 1945, the property has newer windows and a newer roof. Vinyl and concrete flooring are present, including epoxy flooring in the garage and work area. The site is zoned R18 and is located on Yale Avenue in Wallingford.

Key Highlights

  • Three‑tenant configuration across office, workshop, and warehouse areas
  • 1,539‑square‑foot office area with lobby, conference room, kitchenette, and full bathroom
  • Connected 1,054‑square‑foot workshop with loading access and garage below

Property Analytics

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Current Use

Santoro Home Improvements Construction Company Fod Signs (Bike/Boat/Book/etc) Store Kurbot llc Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Plumbing Service Tanning Salon Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
2
Drive-in doors
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 06492, CT

44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office, workshop, and warehouse areas support a range of commercial operations and a three-tenant configuration.
Where is this mixed-use property located?
The property is located at 1002 Yale Avenue Wallingford, CT.
What is the asking price?
The asking price for this property is $518,000.
What are key features of this property?
This property features: Three‑tenant configuration across office, workshop, and warehouse areas; 1,539‑square‑foot office area with lobby, conference room, kitchenette, and full bathroom; Connected 1,054‑square‑foot workshop with loading access and garage below
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