New Listing - 07/01/2026
Listing courtesy of Michelle Gutierrez (203) 556-6608, Social & Co Realty (203) 484-8061
259 Ference Road, Ashford, CT, 06278
3 beds
2 Full baths
1945
3,243 sqft
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.
Status:
Active
Type:
Commercial
Units:
2
Zoning:
C
Frontage:
State Road
Heating:
Hot Air
Cooling:
None
Acreage:
3.52
Est. Taxes:
$6,262
Assessment
$172,130
Current Use
Mixed Use
Permitted Use
Residential apartments, storage units, apartment complex, mixed use
Utilities
Electric
Lot Description:
Level Lot
Days on Market:
0
MLS #:
24188439
Community Info
School Info
Walk Score
Mass Transit
Yelp
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