428 West Main Street | Waterbury Downtown

$2,400,000 | 39 Baths (39 Full) | 14,990 Sq. Ft.

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. SmartMLS 24084471

Directions to property: Main St. to W Main St.

MLS Listing ID: 
SmartMLS 24084471
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1925
Living Area: 
14,990
Interior: 
Employee Lounge, Fire Suppression System, Security System
Construction
Roof: 
Other
Exterior Features: 
Sidewalk, Lighting
Room Details
Details about the rooms in the building.
Total Rooms: 
0
Total Bedrooms: 
0
Total Bathrooms: 
39
Total Full-Bathrooms: 
39
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Zoned
Cooling System: 
Central Air, Zoned
Water Source: 
Public Water Connected
Sewer: 
Public Sewer Connected
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.31
Waterfront: 
0
Public Record
Parcel Number: 
1379420
Annual Tax: 
$38,979.00
Property Zoning: 
CBD
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/31/2025
Contract Details
Details about the listing contract.
Possession: 
Neogiotable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Carmelina Riccitelli
Listing Office Name: 
Coldwell Banker Realty