428 W Main Street, Waterbury, CT 06702 (MLS # 24084471)

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PRICE $2,400,000 SIZE 14,990 sqft LOT SIZE 13,504 sqft Request More Info Schedule a Showing

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.