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    824 Center St Wallingford, CT 06492

    Sponsored
    For Lease
    $16 SF/Yr

    1,680 SF Retail Space in Wallingford, CT

    Lot size:
    18,516 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 1,680 square feet of vacant space within an established 18,516-square-foot retail plaza located at 824 E Center St, Wallingford, CT 06492. The property, built in 1974, sits on a 1.62-acre lot and features a single, one-story building. The space is separately metered for utilities and is ideally suited for a variety of retail uses. Previously occupied by a smoke shop, this unit offers immediate occupancy and is ready for your business. The plaza benefits from a high-traffic location, boasting an average daily traffic count of 6,200 vehicles and ample on-site parking. Its convenient location is less than a mile from I-91, providing excellent accessibility for customers and employees. The property is zoned CA12 and offers a minimum divisible space of 1,680 square feet, with a maximum contiguous space also at 1,680 square feet. This presents a fantastic chance to establish or expand your retail presence in a thriving Wallingford community. The property's single-story design and ample parking provide a convenient and accessible shopping experience. Don't miss this opportunity to secure a prime retail location in a high-traffic area.

    Property Features for 824 Center St

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,516 SF
    Total Rate
    25336.06

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Former Smoke Shop
    Size
    1,680 SF
    Rate per SF
    $16

    HighLights

    • 18,516 SF Retail Plaza
    • 1 Retail Space Available for Lease
    • 1.62‑Acre Site
    • On‑Building Signage
    • Abundant Parking
    • CA‑12 Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Elizabeth's Bakery Bakery ATM Atm Smokers Market Tobacco Shop Nisa's Variety Variety Store Coinsource Bitcoin ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.802470219836
    Latitude
    41.447659359579

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    FAQs

    What type of property is this?
    Strip mall - 1,680 SF Retail Space in Wallingford, CT
    Where is this strip mall located?
    The property is located at 824 Center St Wallingford, CT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 18,516 SF Retail Plaza; 1 Retail Space Available for Lease; 1.62-Acre Site
    Request Owner's contact information
    824 Center St 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
    824 Center St Wallingford, CT 06492
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