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    330 N Colony St Wallingford, CT 06492

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    For Sale
    $429,000

    Mixed-use property with commercial space and residential unit near transportation.

    Property size:
    2,570 SF
    Lot size:
    0.11 Acres

    Property Features for 330 N Colony St

    General Information

    Size
    2,570 SF
    Lot size
    0.11 Acres

    Source: Colonial Properties Agent Michael Richetelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building Near Train Station

    This mixed-use building offers approximately 2,570 square feet of space on a 0.11-acre lot. Located just 0.2 miles from the Wallingford Train Station, the property features a 1,373 square foot commercial space on the first floor, previously occupied by the North Colony Animal Hospital. The second floor contains a 1,197 square foot apartment with one bedroom and one bathroom, along with additional storage space that could be converted into a second bedroom. The building has separate gas, electric, and hot water systems for each unit. City water and sewer services are available. Ample off-street parking is included. This property is suitable for owner-users or investors looking to repurpose the commercial space and benefit from residential income. The location is convenient and accessible, close to public transportation. This mixed-use property is ideal for a variety of uses and provides a fantastic opportunity in a sought-after neighborhood.
    Insight Report Location Intelligence

    Current Use by Public Records

    North Colony Animal ... Animal Hospital North Colony Animal ... Veterinarian

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8212276
    Latitude
    41.4624111

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential unit near transportation.
    Where is this mixed-use property located?
    The property is located at 330 N Colony St Wallingford, CT.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: - Prime location: Just 0.2 miles from Wallingford Train Station.; - Mixed-use building: Offers versatile opportunities for commercial and residential use.; - Separate utilities: Each unit has independent gas, electric, and hot water systems.
    (203) 376-0904
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    330 N Colony St 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
    330 N Colony St Wallingford, CT 06492
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