Property Description
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.
Features
- Heating System:
- Hot Air, Baseboard
- Cooling System:
- Window Unit
- Heat Fuel Type:
- Natural Gas
- Exterior Features:
- Lighting, Sidewalk, Door Sign
- Flooring:
- Vinyl, Wood, Tile
- Interior Features:
- Window Display
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 31
- Location:
- Downtown
- Lot Description:
- Level Lot, Corner Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Main
- Street Number:
- 343
- Floor Number:
- 0
- Longitude:
- W74° 54′ 44”
- Latitude:
- N41° 35′ 20.3”
- Street Dir Prefix:
- West
MLS Addon
- Office Name:
- Oxford Realty
- Agent Name:
- Amanda Faroni-Sheehan
- List Agent MLSID:
- FARONIAM
- List Office MLSID:
- 13737
- Tax Year:
- July 2025-June 2026
- Directions:
- Corner of West Main & Meadow St.
- HOA Fee Amount:
- $0
- Parcel Number:
- 1381060
- Property Tax:
- $64,291
- Zoning:
- CBD
Commercial For Sale
343 Main, Waterbury, 06702
0 Bedrooms
21 Bathrooms
26,948 Sqft
$2,750,000
Listing ID #24151504
Basic Details
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24151504
- Price :
- $2,750,000
- Bedrooms :
- 0
- Baths Total :
- 21
- Bathrooms :
- 21
- Half Bathrooms :
- 0
- Square Footage :
- 26,948 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.42 Acre
- City:
- Waterbury
- Zipcode:
- 06702
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
-
-
Mortgage Calculator
Contact Agent



