Smart MLS #24053654

1191 N Colony Rd,
Wallingford, CT 06492
1191 N Colony Rd, Wallingford, CT 06492 United States
For Sale
$785,000
Commercial
4000 Sqft · 1 Units · INVEST,OFFICE,RETAIL
4000 sq ft block building, built in 1978 by owner, in an ideal highly visible location with multiple possibilities & site potential. property access location on rt 5 and rt 150 in wallingford,ct with high traffic count exposure surrounded by bj's,home depot,lowes,chick-fil-a,staples,kohl's and many other fine restaurants and franchises. also located between access to the exits to merrit parkway and hwy 91. the building measures 50' x 80' and is a clear span for 7 bays in the interior. new floors in waiting room and 2 manager offices with storage above which was originally a second level in 1978. the ceiling height is 16'-17' ft. there are ample parking spaces for approximately 25-30 vehicles. 3 bathrooms in the building. a new roof in 2016. new a/c & heating in the 1000 sq ft office in 2021. new ceiling heaters in the garage area in2021-2022. updated electric, security, paving, hot water heater, well pump & pole sign. the property is over an aquifer and is monitored and well maintained by the town of wallingford with phase 1 every year. current tenant has a nnn net lease. customize this prime location to suit your needs!

Map


Listing

Market Stats
  • List $785,000
  • Original $825,000
  • 174 Days on Market

Real Estate Agent


Details

Building
  • Built 1978
  • 1 Units

Sqft
  • 4000 Total Sqft
  • 1000 Sqft of Office

Lot / Land
  • 0.37 Acres
  • 900 Neighborhood
  • Level Lot
  • 137ft of Frontage
  • STRD,PAVED

Other
  • 0 Loading Docks

Utilities
  • Hot Air
  • Natural Gas
  • Central Air
  • Private Well
  • Septic

Rental
  • 1 Tenants

Parking
  • 37 Total Spaces
  • 7 Covered Spaces
  • 30 Uncovered Spaces

Financials
  • $42,000 Gross Income
  • $39,911 Net Income
  • $2,088 Expenses

Taxes
  • Assessment $372,100
  • Mill Rate 29.19
  • Taxes $11,409
  • Parcel Num 2044827


Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.83% Interest
  • Purchase Price $785,000
  • Down Payment $157,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$5,057


Monthly Est. $5,057
Yearly Est. $60,689
30yr Est. $1,820,663
Go to the Mortgage Calculator
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This real estate listing for sale at 1191 N Colony Rd is presently used as Used Auto Sales and Repairs with 4000 total sqft and was built in 1978. It is located in the Wallingford, Connecticut area with the 06492 zip code. For more info about the property at 1191 N Colony Rd, Wallingford, CT 06492 United States or if you would like to schedule a showing, please contact the listing agent above.

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