2 Mixed-Use Buildings + 1 Parking Lot
Property Highlights
- 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 (2) one-bedroom, (19) two-bedroom units. With utilities separately metered and tenant-paid, this property minimizes owner expenses and maximizing ROI potential.
Prime Location
- 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.
- Strong commuter appeal with quick access to I-84, Route 8, and regional employment centers throughout New Haven and Hartford Counties. Diverse employment base including healthcare, manufacturing, education, and municipal employers supporting rental stability. Favorable rent-to-price ratios compared to surrounding Fairfield and New Haven County markets