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Property profile & analytics
OFF-MARKET
Commercial real estate

348 Ference Rd Ashford, CT 06278

660 SF 1.6 ac lot Built 1969
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 348 Ference Road in Ashford, CT, presents a unique investment opportunity. The 660 square foot building has undergone a complete renovation, with all improvements documented in town records. Situated on a cleared, surveyed, and marked 1.6-acre lot, this property offers significant potential for a variety of commercial uses. The expansive lot allows for ample space and visibility, enhanced by its desirable corner lot location. A survey has already been completed for a proposed 30' x 40' studio building with designated parking, streamlining the development process for prospective buyers. The property's tranquil setting includes a back patio offering views of the spacious grounds. The seller is offering financing options, making this an even more attractive proposition for potential buyers seeking a versatile commercial space with significant land in a convenient location. The property's size and location make it ideal for a range of businesses seeking a prominent presence in Ashford, CT. This is a rare opportunity to acquire a fully renovated commercial property with significant land, ready for immediate use or further development.

Property profile
Verified
Property type Commercial real estate
Year built 1969
Total area 660 SF
Lot 1.6 ac (69,696 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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