428 West Main Street

Waterbury, CT 06702 Directions
$1,949,000
  • 39Baths
  • 14,990Sqft
  • 0.31Acres
  • 1925Built
  • $130Price/Sqft

Property Highlights

  • Neighborhood: Downtown
  • Days on Market: 311
  • MLS: 24084471

Property Highlights

  • Neighborhood: Downtown
  • Days on Market: 311
  • MLS: 24084471

Price reduced to $1, 949, 000. Sale includes a 39-room motel located at 428 West Main Street along with three additional parcels located directly behind the motel on French Street: 30 French Street, 34 French Street, and an additional French Street lot. These rear parcels are included in the sale and provide flexibility for additional parking, expansion, or future development, subject to approvals. The motel features a mix of single, double, and Jacuzzi suites, on-site laundry, and ample parking. Positioned along a high-visibility corridor with direct access to I-84 and Route 8, the property benefits from strong traffic counts and proximity to...

Property Highlights

  • Neighborhood: Downtown
  • Days on Market: 311
  • MLS: 24084471

Price reduced to $1, 949, 000. Sale includes a 39-room motel located at 428 West Main Street along with three additional parcels located directly behind the motel on French Street: 30 French Street, 34 French Street, and an additional French Street lot. These rear parcels are included in the sale and provide flexibility for additional parking, expansion, or future development, subject to approvals. The motel features a mix of single, double, and Jacuzzi suites, on-site laundry, and ample parking. Positioned along a high-visibility corridor with direct access to I-84 and Route 8, the property benefits from strong traffic counts and proximity to major retailers, restaurants, and entertainment venues, supporting consistent guest demand. The property is currently operating and presents a compelling value-add opportunity with multiple exit strategies, including repositioning, rebranding, extended-stay conversion, or boutique redevelopment. The inclusion of the French Street parcels enhances both operational efficiency and long-term redevelopment potential. Seller financing may be considered. Showings by appointment only. Proof of funds required.

Price reduced to $1, 949, 000. Sale includes a 39-room motel located at 428 West Main Street along with three additional parcels located directly behind the motel on French Street: 30 French Street, 34 French Street, and an additional French Street lot. These rear parcels are included in the sale and provide flexibility for additional parking, expansion, or future development, subject to approvals. The motel features a mix of single, double, and Jacuzzi suites, on-site laundry, and ample parking. Positioned along a high-visibility corridor with direct access to I-84 and Route 8, the property benefits from strong traffic counts and proximity to major retailers, restaurants, and entertainment venues, supporting consistent guest demand. The property is currently operating and presents a compelling value-add opportunity with multiple exit strategies, including repositioning, rebranding, extended-stay conversion, or boutique redevelopment. The inclusion of the French Street parcels enhances both operational efficiency and long-term redevelopment potential. Seller financing may be considered. Showings by appointment only. Proof of funds required.

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  • Additional Information
    • Acres: 0.31
    • Area Type: Downtown
    • Is Occupied?: Tenant
    • Living Area SqFt: 14,990
    • Neighborhood: Downtown
    • Present Use: Motel
    • Property Tax: $35,463
    • Road Frontage Description: Paved Road
    • Sewer: Public Sewer Connected
    • Tax Amount: $35,463
    • Unit Count: 38
    • Utilities Available: Electric, Cable
    • Year Built: 1925
    • Zoning: CBD
  • Amenities
    • Fire Suppression System
    • Security System
  • Interior Features
    • Air Conditioning: Central Air, Zoned
    • Cooling: Central Air, Zoned
    • Full Baths: 39
    • Heat: Zoned
    • Living SqFt Source: Public Records
    • Stories: 2
    • Total Baths: 39
  • Exterior Features
    • Exterior Features: Sidewalk,Lighting
    • Roof: Other

Listing Courtesy of Carmelina Riccitelli of Coldwell Banker Realty.

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