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    259 Ference Rd Ashford, CT 06278

    For Sale
    $290,000

    3.5-acre commercial/residential property on Route 89, less than 2 miles to I-84.

    Lot size:
    3.52 Acres

    Property Features for 259 Ference Rd

    General Information

    Lot size
    3.52 Acres

    Building Details

    Year built
    1945

    Source: Ferrigno-Storrs, REALTORS LLC Agent Dara Dominique

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Commercial/Residential Property For Sale

    This 3.5-acre multi-use commercial/residential property is located on Route 89, less than 2 miles from I-84 access and a short distance from the Lake Chaffee Community. The site has previously housed long-standing general and country stores. The property is conveniently located within 15 minutes of local camping establishments. The interior space allows for eat-in possibilities, and there is a lawn area suitable for outdoor seating or events. The second floor features a 3-bedroom, 1-bathroom apartment with a pellet stove and newer kitchen flooring. This setup is ideal for a live/work arrangement or for generating additional rental income. The possibilities are endless to bring your business vision and make it a reality.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Department Store Discount Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashford
    County
    Windham
    State
    Connecticut
    Longitude
    -72.1701
    Latitude
    41.8891

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    FAQs

    What type of property is this?
    Live-work space - 3.5-acre commercial/residential property on Route 89, less than 2 miles to I-84.
    Where is this live-work space located?
    The property is located at 259 Ference Rd Ashford, CT.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - 3. 5-acre multi-use commercial/residential property.; - Located on Route 89, less than 2 miles to I-84 access.; - Includes a 3-BDR/1B apartment on the second floor, suitable for live/work or rental income.
    (860) 377-3349
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    259 Ference Rd Ashford, CT 06278
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