428 West Main Street, Waterbury, (Downtown), CT, 06702
1 beds
39 Full baths
1925
14,990 sqft
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.
Status:
Active
Town:
Waterbury
Type:
Commercial
Units:
38
Zoning:
CBD
Frontage:
Paved Road
Heating:
Zoned
Cooling:
Central Air, Zoned
Acreage:
0.31
Est. Taxes:
$38,979
Assessment
$788,410
Current Use
Motel
Utilities
Electric,Cable
Lot Description:
Corner Lot,Level Lot
Days on Market:
36
MLS #:
24084471
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Carmelina Riccitelli, Coldwell Banker Realty Email: carmriccitelli@gmail.com