89 Route 169 Woodstock, CT 06281
- Showrooms
- 4,200 SF
Current Use by Public Records
- Showrooms
Property Details for 89 Route 169
- Year built
- 2005
- Construction
- STEEL FRAME
- Property size
- 4,200 SF
- Property type
- Showrooms
- APN
- WSTK M:6395 B:61 L:09 U:90
- APU
- WSTKM6395B61L09U90
Description
This exceptional 55.63-acre property in South Woodstock, CT, presents a unique blend of commercial real estate and private aviation. The estate includes a fully operational private airfield boasting a 2,200 x 75 ft asphalt runway with lighting for night operations and on-site aviation fuel. The main commercial building encompasses 5,280 sq ft, featuring a mezzanine level and a convenient loading dock. This building is currently occupied by established businesses, generating a reliable rental income stream. Adding to the property's versatility is a substantial 7,304 sq ft service shop with an attached residence, ideal for maintenance or related aviation services. A 1,420 sq ft building offers further development potential, while multiple hangars provide ample storage for aircraft. The property also features a dedicated gathering area with picnic tables, perfect for social events or aviation club gatherings. The entire complex sits on a picturesque 55.63 acres, offering both privacy and convenience, located within an hour's drive of Hartford, Boston, and Providence. This is a rare opportunity to acquire a fully functioning commercial property with a private airfield, presenting significant investment potential and a unique lifestyle opportunity. The total building square footage across all structures is 21,813 sq ft. This turnkey operation is ready for a new owner to capitalize on its existing income and significant expansion possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $345,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $325,000
- Mixed-Use
- $315,000
- Hospitality
- $390,000
- Educational
- $350,000
- Residential Income
- $425,000
- Energy
- $395,000
- Income-Based Land
- $395,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Woodstock
- County
- Windham
- State
- Connecticut
- Longitude
- -71.9533
- Latitude
- 41.9223
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA