Exceptional mixed-use and investment opportunity in the heart of downtown Wallingford, where the town's most popular events, concerts, fairs, festivals, and community gatherings take place. This legal 3-family property offers outstanding visibility and flexibility with Professional Office (PO) zoning, allowing for a variety of permitted uses including professional, business, medical and dental offices, credit unions, and multifamily dwelling units within existing structures. The first and second floors offer established residential space, while the third floor currently in a mid-construction phase presents a blank canvas ready for a new owner's vision-whether additional living space, office use, or other permitted possibilities subject to approvals. Located directly across from Town Hall and within walking distance to restaurants, shops, the train station, and all downtown amenities, this property combines location, versatility, and future potential. Ideal for investors, owner-occupants, business owners, or developers seeking a property with multiple income streams and redevelopment opportunities in one of Wallingford's most desirable downtown locations. Major updates have already been completed, including newer windows, siding, hot water heater and roof (2025. Don't forget to view Virtual Tour and 3D Tour!!!