969 W Main St Waterbury, CT 06708

Introducing Russell Place, an expansive 29,000+ sq. ft. mixed-use building, blending professional office spaces with residential living. Recently re-zoned to accommodate 12 residential units, this property stands as a unique investment opportunity. The ground floor hosts a suite of professional offices, generating a robust income stream from established, long-term tenants. Approval has been granted for the conversion of the second and third floors into 12 modern residential apartments, with architectural plans readily available for review. Renovated in 2019, the building features a new roof, upgraded HVAC systems, and refreshed landscaping. It offers an abundance of onsite parking, both covered and uncovered, for tenants and visitors alike, ensuring convenience and accessibility. Situated at the strategic junction of Route 8 and I-84, it’s just minutes from the heart of downtown’s shopping, dining, and public transport options, making Russell Place an ideally located property with vast potential for growth and income generation. - Additionally, the adjacent lot, currently serving as extra parking, is part of the package.