Properties

Property Description

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
Heating System:
Zoned
Cooling System:
Central Air, Zoned
Exterior Features:
Lighting, Sidewalk
Interior Features:
Security System, Fire Suppression System, Employee Lounge
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Downtown
Lot Description:
Level Lot, Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Main
Street Number:
428
Floor Number:
0
Longitude:
W74° 57′ 18.2”
Latitude:
N41° 33′ 24.1”
Street Dir Prefix:
West
MLS Addon
Office Name:
Coldwell Banker Realty
Agent Name:
Carmelina Riccitelli
List Agent MLSID:
RICCITECA
List Office MLSID:
CBRB31
Tax Year:
July 2025-June 2026
Directions:
Main St. to W Main St.
HOA Fee Amount:
$0
Parcel Number:
1379420
Property Tax:
$35,463
Zoning:
CBD

Commercial For Sale

428 Main, Waterbury, 06702

0 Bedrooms
39 Bathrooms
14,990 Sqft
$1,949,000
Listing ID #24084471
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24084471
Price :
$1,949,000
Bedrooms :
0
Baths Total :
39
Bathrooms :
39
Half Bathrooms :
0
Square Footage :
14,990 Sqft
Year Built :
1925
Lot Area :
0.31 Acre
City:
Waterbury
Zipcode:
06702
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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