428 West Main Street Waterbury, CT 06702
Listing Courtesy of: SMART MLS / Coldwell Banker Realty / Carmelina Riccitelli

  428 West Main Street Waterbury, CT 06702

Active (3 Days)
$2,400,000
39
BATH
14,990
SQFT

Description

Unlock the potential of this high-traffic commercial property! This 39-room motel at 428 West Main Street, Waterbury, sits in a prime location with excellent visibility and access to I-84 and Route 8, ensuring a steady flow of guests. With significant income potential, this property is ideal for an investor looking to maximize returns. The motel offers a variety of room styles, including single-bed rooms, double-bed rooms, and Jacuzzi suites, catering to both short-term and extended-stay guests. An on-site laundry facility adds convenience for both guests and management, enhancing operational efficiency. Strategically located on a bustling thoroughfare, this property benefits from steady traffic and proximity to key attractions. The Waterbury Mall, major retailers, and various restaurants are just minutes away, providing added convenience for visitors. Cultural and entertainment destinations like the Timexpo Museum and Palace Theater draw tourists, while the scenic Naugatuck River Greenway offers outdoor recreation. With ample parking, a functional layout, and opportunities for rebranding or repositioning- such as an extended-stay or boutique concept- this property presents tremendous upside potential. Whether you're looking to enhance operations or transform the space, this investment offers a rare opportunity to capitalize on a well-located asset with room for growth.

MLS #:
24084471
Taxes
$38,979(2024)
Lot Size
0.31 acres
Type
Commerical
Year Built
1925
County
New Haven County
Community
Downtown

Listed By

Carmelina Riccitelli, Coldwell Banker Realty
Source
SMART MLS
Last checked Apr 3 2025 at 9:43 PM GMT+0500
Bathroom Details
  • Full Bathrooms: 39
Interior Features
  • Security System
  • Fire Suppression System
  • Employee Lounge
Lot Information
  • Level Lot
  • Corner Lot
Heating and Cooling
  • Zoned
  • Central Air
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Cable, Electric
  • Sewer: Public Sewer Connected
Living Area
  • 14,990 sqft
Location
   
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