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Commercially Zoned Two-Family Duplex
For Sale
$479,900

310 North Colony Street, Wallingford, CT 06492

Two separate 1-bedroom, 1-bath units with off-street parking for up to four vehicles near Wallingford transit.

Property Size1,508 SF
Price / SF$318.24
Days on Market64

Property Features for 310 North Colony Street

General Information

Standard status Active
Size 1,508 SF
Total Parking Spaces 4
Property subtype 2 Family

Building Details

Year Built 1870
Tenancy Multi
Listing Agency: Coldwell Banker Calabro
Listed By: Mike LoBello
Source: Lockandkeyre
Added: Jun 23 Changed: Aug 25 Last Checked: Aug 25 at 6:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Calabro

Investment Insights

Based on property information with market context.

This commercially zoned two-family duplex offers two separate living spaces, with each unit configured as 1 bedroom and 1 full bath. The property is designed to support both tenant occupancy and owner-occupant scenarios, with each unit maintaining its own layout and living area. Off-street parking is available for up to four vehicles, adding day-to-day convenience for residents and visitors.

The property is positioned near Wallingford Center and close to the Amtrak train station. It also sits within reach of downtown shopping and restaurants, with access to public transportation and major commuter routes. This makes the duplex especially workable for uses that benefit from walkable local amenities and straightforward commuter connectivity.

For tenants and buyers, the asset’s two-unit configuration can support multiple occupancy needs while keeping unit separation intact. For owner-occupants and business-minded buyers, the combination of separate units and commercial zoning may align with live-work objectives, subject to applicable local regulations. Whether you’re planning rental use or considering alternative commercial applications, the property’s flexibility and parking convenience provide a practical foundation for a range of strategies.

Key Highlights

  • Commercially zoned two‑family property built in 1870 near Wallingford Center and the Amtrak station
  • Two separate units, each with 1 bedroom and 1 full bath and separate living spaces
  • Off‑street parking available for up to four vehicles for residents, customers, or business use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Parking Lot & Garage Storage Facility Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,043
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate 1-bedroom, 1-bath units with off-street parking for up to four vehicles near Wallingford transit.
Where is this duplex located?
The property is located at 310 North Colony Street Wallingford, CT.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Commercially zoned two‑family property built in 1870 near Wallingford Center and the Amtrak station; Two separate units, each with 1 bedroom and 1 full bath and separate living spaces; Off‑street parking available for up to four vehicles for residents, customers, or business use
More about this property
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