31 Hall AvenueWallingford, CT 06492MLS Number N10239748

  • Price: $350,000
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Federal 30-year interest rate: 4.03% last updated on Apr 27, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.06Acreage
  • 1900Year Built
  • 2,852Square Feet
  • $6,600Gross annual expense

Driving Directions

Good for investor as it is fully leased with tenants in place. Also great for an owner-occupant looking to run a retail business (and/or live above it). Located directly across the street from the updated Wallingford train station. Plenty of visibility, this site is in a CA6 zone per town which can accommodate a variety of commercial uses. Two residential units above with potential for a 4th if the attic were finished off. Plans for 4th unit can be shared with potential buyers. Call today to learn more about this opportunity. (Showings require 48 hour notice - tenants in place.)

Listed by Jed Backus of Backus Real Estate

More Info

Basic Information

  • Broker NameBackus Real Estate
  • List Price$350,000
  • MLS NumberN10239748
  • Property TypeCommercial For Sale
  • StatusACT
  • TownWallingford
  • Gross annual expense$6,600
  • Gross annual income$26,040
  • Commercial catagoryInvestment, Residential Income, Retail
  • Also for leaseNo

Utilities

  • Heat SystemBaseboard
  • Heating FuelElectric, No Fuel
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Fuel tank locationNon Applicable
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$97,400
  • Taxes$2,716
  • Milrate total27.89

Building

  • RoofAsphalt Shingle
  • Year Built1900
  • AtticNo
  • Garages0
  • Garage Parking InfoOther, Unpaved
  • Square Feet2,852
  • Restrooms number of3
  • Sqft retail1200
  • Stories3
  • Additional space availableNo

Other

  • Documents AvailableLegal Description
  • Lease purchaseNo
  • Purchase optionNo
  • Lease years remaining1
  • Landlord responability
    • Common Area Maintenance
    • Mechanicals
    • Real Estate Taxes
    • Roof Maintenance
    • Structural Maintenace
    • Trash Service
  • Inventory includedNo
  • SubdividableUnknown
  • Net operating income19440
  • Space is leasedNo
  • Present useResidential, Antique/collectible store

Basic Information

  • Agent ID, BACKUSJE

Location

  • CountyNew Haven
  • StateCT
  • Zip06492

Property

  • Acreage0.06
  • Lot DescriptionLevel Lot
  • Parking Spaces0
  • Parking spaces uncovered2
  • FloodzoneNo
  • Road Frontage25
  • Environmental assessmentUnknown
  • SwimmingpoolNo

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo
Fairfield Office
Office: 203-259-8326
Vanderblue Team Office Headquarters
1499 Post Rd
Fairfield, CT 06824

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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