Price Reduced 0.94%

$2,625,000 ($128.50 per sqft)

Est. Mortgage $12,760/mo *

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Listing courtesy of Amanda Faroni-Sheehan (203) 314-4219, Oxford Realty (203) 314-4219

Price History

$2,650,000
4/21/2026

$2,625,000
5/23/2026

343 West Main Street, Waterbury, (Downtown), CT, 06702

343 West Main Street, Waterbury, (Downtown), CT, 06702
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5 rooms

3 beds

1 Full baths

1900

Units on different Floors, Units are Side-by-Side

20,428 sqft

Exceptional mixed-use investment opportunity Downtown featuring three contiguous parcels totaling 0.42 acres with 26,948 SF of GLA. The offering includes two mixed-use buildings (343-367 West Main St & 495 Meadow St, Waterbury) plus a 31-car parking lot (367 West Main St), providing strong infrastructure for both residential and commercial tenancy. The property consists of 6 ground-level commercial units with stable, long-term tenants, and 21 residential apartments with a unit mix of (3) one-bedroom, (16) two-bedroom, and (2) three-bedroom units. Residential occupancy has historically remained high, reflecting consistent rental demand. Many units have been updated with modern flooring, fixtures, renovated kitchens, and baths. Capital improvements include a newer flat rubber roof, vinyl replacement windows, and mostly newer high-efficiency gas boilers. Utilities are separately metered and tenant-paid, helping to minimize owner expenses. A building-wide fire prevention system further enhances safety and compliance. This well-maintained asset combines diversified income streams, strong parking capacity, and proven occupancy performance, making it a compelling addition to any investment portfolio. Ideally situated with convenient access to I-84 and Route 8, the property is close to Downtown, the UCONN Waterbury campus, shopping, restaurants, and public transportation, making it highly attractive to both residential and commercial tenants.

Status:

Active

Town:

Waterbury

Type:

Multi-family

Laundry Remarks:

None

Units:

21

Zoning:

CBD

Garage:

Off Street Parking

Heating:

Hot Air

Cooling:

Window Unit

Basement:

Full, Unfinished

Parking:

31-car

Acreage:

0.18

Est. Taxes:

$64,291

Assessment

$1,429,330

Lot Description:

Corner Lot,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

34

MLS #:

24168974

Community Info

School Info

Walk Score

Mass Transit

Yelp

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