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343 W Main Street

Waterbury, CT 06702
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Bed 3

Bed

Bath 1

Bath

SqFt20,428

Sqft

Acres0.18

Acre(Lot)

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 rep lacement 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,625,000

AD Id : 77655827

MLS Id : 24168974

Beds : 3

Lot Size : 0.18 Acre

Living Area Size : 20,428

Year Built : 1900

County : New Haven

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 5 Has Basement: Yes Basement: Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1900 Building Area Total: 20428 Construction Materials: Brick Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Lot Size Acres: 0.18 Lot Description: Corner Lot, Level

  • Listing Price Information

    Listing Price: $2625000 Original Price: $2650000

  • Tax Information

    Parcel Number: 1381060 Annual Tax: $64291

  • Parking Information

    Parking Total: 31 Off Street

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Corner of West Main & Meadow St WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
48 Taylor Street, Waterbury, CT, 06702 $295,000 6 2 2,018 2,018 SqFt
669 E Main Street, Waterbury, CT, 06702 $899,900 16 4 7,371 7,371 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 06/16/2026 @ 02:15

MLS: 24168974 LISTED BY: Amanda Faroni-Sheehan, Oxford Realty SOURCE: SmartMLS

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