Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1191 Colony Rd Wallingford, CT 06492

    Sponsored
    For Sale
    $825,000

    Prime location, 4000 sq ft, high traffic count.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This 4,000 square foot commercial building, constructed in 1978, enjoys a highly visible location on Route 5 and Route 150 in Wallingford, Connecticut. Its strategic placement near major retailers like BJ's, Home Depot, Lowe's, Chick-fil-A, Staples, and Kohl's, along with numerous restaurants and franchises, ensures significant traffic exposure. Convenient access to the Merritt Parkway and Highway 91 further enhances its appeal. The building itself measures 50 feet by 80 feet, offering a clear span interior with seven bays. Recent improvements include new flooring in the waiting room and two manager offices, which also feature above-storage space from a former second level. Ceiling heights range from 16 to 17 feet. Ample parking is available for approximately 25-30 vehicles. The property includes three bathrooms, a new roof (2016), new HVAC in a 1000 sq ft office area (2021), and new ceiling heaters in the garage area (2021-2022). Further updates encompass electrical systems, security, paving, the hot water heater, well pump, and a pole sign. Situated over an aquifer, the property benefits from annual Phase 1 environmental monitoring and maintenance by the Town of Wallingford. Currently occupied by a tenant under a net lease, this prime location offers significant customization potential to suit a variety of business needs. The 0.37-acre lot provides ample space and opportunity.

    Property Features for 1191 Colony Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Car Central Sales ... Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.81112
    Latitude
    41.50312

    Nearby Similar for Sale

    • $180,000
      3,300 SF

      Wallingford Restaurant Business For Sale

      Turnkey restaurant with Latin fusion concept in downtown Wallingford.
      100 Quinnipiac St, Wallingford, CT 06492
      View Details
    • $599,000
      2,610 SF

      Wallingford Duplex with Unique Layout

      Two-family property featuring a ranch and a townhouse layout.
      67 Spring St, Wallingford, CT 06492
      View Details
    • $450,000
      2,028 SF

      Wallingford Commercial Building For Sale

      Single-story commercial building with automotive service history in thriving district.
      995 N Colony Rd, Wallingford, CT 06492
      View Details
    • Contact for pricing
      115,000 SF

      High-Volume ShopRite Supermarket For Sale

      ShopRite supermarket with excellent location and strong demographics.
      846 N Colony Rd, Wallingford, CT 06492
      View Details
    • $429,000
      2,570 SF

      Mixed-Use Building Near Train Station

      Mixed-use property with commercial space and residential unit near transportation.
      330 N Colony St, Wallingford, CT 06492
      View Details
    • $650,000

      Commercial Condo Units For Sale

      Two commercial condo units totaling 5,600 SF for sale.
      206 N Plains Industrial Rd, Wallingford, CT 06492
      View Details
    • $150,000

      Established Cleaning Business For Sale

      Profitable cleaning business with contracts and equipment included.
      Champion Maintenance & Janitorial St, Wallingford, CT 06492
      View Details
    • $3,100,000
      31,000 SF

      Wallingford Flex Space For Sale

      Office/flex space available in Wallingford's Barnes Industrial Park.
      1 Barnes Industrial Rd S, Wallingford, CT 06492
      View Details
    • $2,200,000
      21,177 SF

      Industrial Flex Building For Sale

      21,177 SF industrial flex building on 2.43 acres.
      135 N Plains Industrial Rd, Wallingford, CT 06492
      View Details
    • $389,900

      Two-Family Home with Garage

      Two-family property featuring a two-car garage and updated unit.
      104 East St, Wallingford, CT 06492
      View Details
    • $739,900

      Wallingford Multifamily Property For Sale

      Multifamily property in Wallingford, CT, available for purchase.
      3 Trailside Dr, Wallingford, CT 06492
      View Details
    • $574,900

      Wallingford Multifamily Property For Sale

      Multifamily property in Wallingford, CT, available for purchase.
      1 Pine Glen Ter, Wallingford, CT 06492
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, 4000 sq ft, high traffic count.
    Where is this commercial real estate located?
    The property is located at 1191 Colony Rd Wallingford, CT.
    What is the asking price?
    The asking price for this property is $825,000.
    (203) 433-2007
    Request Owner's contact information
    1191 Colony Rd Wallingford, CT 06492
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1191 Colony Rd
    Wallingford, CT 06492
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1191 Colony Rd Wallingford, CT 06492
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.