$1,949,000

428 West Main Street, Waterbury, CT 06702

  • 39 baths |
  • 14,990 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $130/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Price reduced to $1,949,000 and now includes three vacant parcels: 30 French Street, 34 French Street, and an additional French Street lot. Don't miss this outstanding value-add investment in a high-visibility corridor of Waterbury with direct access to I-84 and Route 8. The 39-room motel at 428 West Main Street features a mix of single, double, and Jacuzzi suites, on-site laundry, and ample parking. The included lots offer flexibility for additional parking, expansion, or future development. Located near major retailers, restaurants, and entertainment venues, the area sees steady guest traffic. This income-producing property offers strong potential for repositioning, rebranding, or conversion to an extended-stay or boutique concept. Seller financing may be considered. Showings by appointment only. Proof of funds required.

Listing Status:
Active
Date Added:
March 31, 2025 at 07:13AM
Listing Office:
Coldwell Banker Realty : (203) 239-2553
Listing Agent:
Carmelina Riccitelli : (203) 804-1877
MLS ID:
24084471
  • General: Employee LoungeFire Suppression SystemSecurity System
  • A/C: Central AirZoned
  • Heating: Zoned

This listing courtesy of Carmelina Riccitelli, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Driggs Elementary School

77 Woodlawn Ter, Waterbury, CT, 06710

Grades KG-5

0.47 miles away

W

Waterbury Arts Magnet School (Middle)

16 S Elm St, Waterbury, CT, 06706

Grades 6-8

0.59 miles away

W

Waterbury Arts Magnet School (High)

16 S Elm St, Waterbury, CT, 06706

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.