New owner wants to open holistic center at former bank building in downtown Wallingford

New owner wants to open holistic center at former bank building in downtown Wallingford



reporter photo

WALLINGFORD — A local chiropractor bought the historic bank building on Center Street with the hopes of turning it into a holistic health center.

Dr. Tracy Malton, of Guilford, said Friday she is working with town officials on an application for a variance to open a holistic health center at 100 Center St., a former Bank of America branch.

According to town records, the sale included 10 William St., the 8,712-square-foot parking lot behind the former bank. The sale closed Jan. 14 for $405,000.

Malton hopes to go before the Zoning Board of Appeals next month.

Currently, the only businesses that may operate downtown are retail, restaurants or personal service, like hair or nail salons. The regulations limit professional offices on the ground floor in the Town Center District.

She tried to buy the Brothers Restaurant property on North Cherry Street in a foreclosure auction in October 2018, but the town outbid her. The town has since demolished the building.

“What I really want is to create a wellness center,” she said, “an area where people can go for different holistic modalities but do it at a one-stop shop.”

She wants to offer chiropractic care, massage, craniosacral therapy, yoga and personal training.

The sale is being brokered by real estate company CBRE.

The total commercial parcel at 100 Center St., comprised of about a quarter acre of land and 10,416-square-foot building, is appraised at $619,600.

The former Wallingford Bank and Trust Co. building was erected in 1890 and housed a bank for its entire history, according to town records.

Bank of America had operated a financial center at 100 Center St. since 2005, after the company acquired the building through its takeover of Fleet Financial Group.

The bank closed its doors Sept. 18, 2018, opting instead to operate a remote ATM location at the other end of the block, which opened in June 2019.

LTakores@record-journal.com
203-317-2212
Twitter: @LCTakores


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