100 Center StWallingford, CT 06492

  • Showrooms
  • 8,326 SF

Property Details for 100 Center St

Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.26 AC
Property size (Sq ft)
8,326 SF
Property type
Showrooms
APN
WALL M:133 L:307
APU
WALLM133L307

Description

The Health Bank, located at 100 Center St, Wallingford, CT 06492, offers 8 suites in a renovated (2021) two-story building (8,326 total sq ft) with 1,634 sq ft currently vacant. Individual suites range from 188 to 762 contiguous sq ft, ideal for various medical or traditional office uses. The property features 26 on-site parking spaces, including EV charging, plus ample street and town parking. Situated on 0.26 acres, this building boasts convenient access to major roadways (Route 15, I-91, Route 5) and public transportation (Amtrak and Hartford Line). The building is zoned CA6 in New Haven County and benefits from Wallingford's low municipal electricity rates. Built in 1890, this updated facility offers a vibrant, accessible, and eco-friendly environment, anchored by a successful first-floor tenant, ensuring high foot traffic. The property is conveniently located between Hartford and New Haven.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,023,509
    6.5%
    $1,867,854
    7%
    $1,734,436
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,741,446
    Geo Method
    $2,741,446
  • Alternative Use

    Use
    Valuation
    Residential
    $1,575,605
    Hospitality
    $1,443,246
    Educational
    $1,200,763
    Medical
    $1,242,060
    Retail
    $1,867,854

Location Insight

City
Wallingford
County
New Haven
State
Connecticut
Latitude
41.4562
Longitude
-72.8221
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,342
$64,800
$458,100
$522,900
-
-
-
-

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