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$ 1,949,000
Est. payment | /mo
39 Baths
14,990 SqFt
$ 1,949,000
Est. payment | /mo
39 Baths
14,990 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,990 sqft
Price per Sqft $130
MLS Listing ID 24084471
Full Baths 39
Year Built 1925
Annual Tax Amount $35,463
Lot Size 0.310 Acres
Property Description
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.
Location
State CT
County New Haven
Zoning CBD
Interior
Interior Features Employee Lounge, Fire Suppression System, Security System
Heating Zoned
Cooling Central Air, Zoned
Exterior
Exterior Feature Sidewalk, Lighting
Utilities Available Electric, Cable
Roof Type Other
Building
Lot Description Corner Lot, Level Lot
Story 2
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Carmelina Riccitelli • Coldwell Banker Realty