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Listed price in listed location currency (USD).
$239,000

020

MLS® 24188439

Overview

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 66
Lot Size 3.52 Acres
Approx. Age 1945
MLS® Number 24188439

Property Address: 259 Ference Rd, Ashford, CT, 06278-2317

Average square foot calculated using Size range provided by listing agent.

Description

Rare value-add and redevelopment opportunity situated on 3.5 acres with over 3, 200 square feet of existing space. Currently configured as a mixed-use commercial property, this expansive parcel offers outstanding potential for residential conversion, multifamily redevelopment, mixed-use investment, expansion, or additional development, subject to buyer due-diligence and all required approvals. *Property recently has been fully cleaned out* Engineering plans/evaluation, septic design plans, and soil testing have already been completed to evaluate the feasibility of residential conversion, providing a valuable head start for future development. No municipal approvals have been obtained. Ideally located on Route 89 with excellent visibility and convenient access to the University of Connecticut, this property offers exceptional potential for investors, developers, contractors, and owner-users seeking a long-term value-add opportunity. Recent Connecticut housing legislation encouraging additional housing development may further enhance the property's future potential, subject to applicable laws, zoning requirements, and municipal approvals. Property is being sold strictly as-is. Buyer is responsible for verifying all zoning, permitted uses, engineering, approvals, subdivision potential, and development opportunities.
MLS® Number24188439
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
Basement
Driveway
Garage Spaces
HeatOil, Hot Air
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

51 days

Today, For Rent for $239,000

For Rent · 65 days

$239,000

MLS® 24188439

2 months ago

Not Leased Yet

September 2026, For Rent for $219,000

For Rent · 1 day

$219,000

MLS® 24204279

2 days ago

Not Leased Yet

July 2026, For Rent for $239,000

For Rent · 65 days

$239,000

MLS® 24188439

2 months ago

Not Leased Yet

May 2026, For Sale for $239,000

For Sale · 100 days

$239,000

MLS® 24178360

3 months ago

Not Sold Yet

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