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    1145 Old Colony Rd Wallingford, CT 06492

    For Sale
    $800,000

    Spacious 4,475 sq ft commercial building, ideal for various uses.

    Property size:
    4,475 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 4,475 square foot commercial/industrial building at 1145 Old Colony Road, Wallingford, CT, presents a remarkable opportunity for businesses seeking a versatile and well-situated space. Currently configured as an auto body shop, this property boasts a flexible layout adaptable to a wide range of industrial or service-based operations. The building features high 12-foot ceilings, providing ample vertical space. Five service bays are complemented by multiple access points: one 8-foot bifold bay door, two 10-foot doors, and additional doors measuring 7, 7.5, and 8 feet. A dedicated paint room offers potential for conversion into a sixth bay, enhancing operational capacity. The front office area comprises three rooms and a bathroom, providing comfortable administrative space. Additional bathroom facilities are located in the service area, with plumbing already in place for a third bathroom in the paint area if needed. An unfinished upper level offers substantial storage potential. The roof was recently installed in 2015, ensuring long-term structural integrity. Ample parking is available, with twelve spaces in front and additional parking within a fenced side area. The property's strategic location on Route 71 provides convenient access to Wallingford town center and major highways, ensuring excellent connectivity. This 0.57-acre lot offers a compelling combination of space, functionality, and accessibility, making it an ideal investment for discerning businesses.

    Property Features for 1145 Old Colony Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,475 SF
    Lot Size
    24,829 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pawloski Auto Body Auto Body Shop Carstar Auto Body Shop

    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
    -72.81626
    Latitude
    41.50002

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious 4,475 sq ft commercial building, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 1145 Old Colony Rd Wallingford, CT.
    What is the asking price?
    The asking price for this property is $800,000.
    (203) 672-4499
    Request Owner's contact information
    1145 Old Colony Rd Wallingford, CT 06492
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    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
    1145 Old Colony Rd Wallingford, CT 06492
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