428 West Main Street Waterbury, CT $ 1,949,000
428 West Main Street
$ 1,949,000
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428 West Main Street

Waterbury, CT, 06702
$ 1,949,000
Bedrooms-- Baths39.0 Sq 14,990

Monthly Estimate*

$ 12,000

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Commercial Property for sale in Waterbury, CT

for $1,949,000 with 39 full baths. This 14,990 square foot building was built in 1925 on a lot size of 0.31.

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.

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Commercial Active

Price

$ 1,949,000

Full Bath

39

Property Type

Commercial

Taxes

$ 35,463

Style

Lot Size

0.31

Year Built

1925

Town/City

Waterbury

MLS | Web ID

24084471

Features
General
Zoning CBD
Neighborhood Downtown
County New Haven
Tax Year July 2025-June 2026
Location Downtown
Property Type Commercial For Sale
Status Active
Acres 0.31
Directions Main St. to W Main St.
City Waterbury
Sq Ft Total 14990
DOM 288
Year Built 1925
Present Use Motel
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Interior
Utilities Available Electric Cable
Cooling System Central Air Zoned
Total Number of Units 38
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Level Lot
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* Excluded Features
List By
Carmelina Riccitelli

Listing Agent

Coldwell Banker Realty

Broker

carmriccitelli@gmail.com

Email

Affordability Calculator

$14,956
Per Month
80%
20%
0%
Monthly Principal & Interest
$12,000
Monthly Property Taxes
$2,955
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2025$1,949,000 -18.79% Price Down
6/26/2025$2,400,000 Listed Price

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428 West Main Street, Waterbury, CT, 06702 is a Commercial Property for sale at $1,949,000 with 14,990 sqft and a lot size of 0.31. 428 West Main Street has 39.0 baths and was built in 1925. The property's zip code is 06702 which is in Waterbury, CT