428 West Main Street, Waterbury, Connecticut

$1,949,000

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39

Baths

14,990

Square feet

0.31

Acres

About 428 West Main Street

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.

Features of 428 West Main Street

MLS® # 24084471
Price $1,949,000
Bathrooms 39.00
Full Baths 39
Square Footage 14,990
Square Footage Public Records
Acres 0.31
Type Commercial For Sale
Status Active

Community Information

Address 428 West Main Street
Area Downtown
City Waterbury
County New Haven
State Connecticut
Zip Code 06702

Amenities

Utilities Electric, Cable
Is Waterfront No
Has Pool No

Interior

Interior Features Employee Lounge, Fire Suppression System, Security System
Heating Zoned
Cooling Central Air, Zoned
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Features Sidewalk, Lighting
Lot Description Corner Lot, Level Lot
Roof Other

Additional Information

Date Listed March 31st, 2025
Days on Market 341
Zoning CBD
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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