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343 West Main Street Waterbury, CT 06702
21 Baths
26,948 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,948 sqft
Price per Sqft $100
MLS Listing ID 24151504
Full Baths 21
Year Built 1900
Annual Tax Amount $64,291
Lot Size 0.420 Acres
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.
Location
State CT
County New Haven
Zoning CBD
Interior
Interior Features Window Display
Heating Baseboard, Hot Air
Cooling Window Unit
Flooring Tile, Vinyl, Wood
Exterior
Exterior Feature Sidewalk, Lighting, Door Sign
Parking Features Paved, Off Street Parking
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Flat,Rubber
Building
Lot Description Corner Lot, Level Lot
Story 4
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Amanda Faroni-Sheehan • Oxford Realty
NEARBY SCHOOL & BUSINESS