Avigail Gans
Price Reduced 18.79%
Listing courtesy of Carmelina Riccitelli (203) 804-1877, Coldwell Banker Realty (203) 239-2553
Price History
$2,400,000
3/31/2025
$1,949,000
7/30/2025
428 West Main Street, Waterbury, (Downtown), CT, 06702
1 beds
39 Full baths
1925
14,990 sqft
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.
Status:
Active
Town:
Waterbury
Type:
Commercial
Units:
38
Zoning:
CBD
Frontage:
Paved Road
Heating:
Zoned
Cooling:
Central Air, Zoned
Acreage:
0.31
Est. Taxes:
$35,463
Assessment
$788,410
Current Use
Motel
Utilities
Electric,Cable
Lot Description:
Corner Lot,Level Lot
Days on Market:
342
MLS #:
24084471
Community Info
School Info
Walk Score
Mass Transit
Yelp
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