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Chase Pky
Waterbury, CT 06708
 Hotel Development Opportunity, I-84 Exposure · Land For Sale · 5.64 AC

Commercial Land Properties Connecticut Waterbury Chase Pky, Waterbury, CT 06708

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Investment Highlights

  • Adjacent to a 91-Guest Rooms Hampton Inn Hotel
  • Strong Local Employment Base and consistent demand from healthcare, educational, and business travelers
  • Frontage & Access: Easy ingress/egress from Chase Parkway; direct access to I-84
  • Site Plan for Hotel Development
  • Zoning: Commercial Office (CO)
  • Proposed Use: Site plan available for a new-build hotel with ample parking and visibility

Executive Summary

Rare opportunity to acquire a 5.64± acre development parcel in a prime Waterbury location, immediately adjacent to the Hampton Inn and with excellent visibility from I-84. The site offers strong potential for hotel development and is equally compelling as a multifamily development opportunity, benefiting from convenient highway access, nearby employment and educational anchors, and close proximity to downtown Waterbury’s retail, dining, and entertainment amenities.
Located less than ¼ mile from Exits 17 and 18 off Interstate 84, the property provides exceptional regional connectivity. Area demand drivers include Brass Mill Center, Mattatuck Museum, Naugatuck Valley Community College, Post University, UConn Waterbury, and Lake Compounce, located approximately 15 miles away.
Zoned Commercial Office (CO), the property permits a variety of commercial uses, subject to municipal approvals.

Property Facts

Sale Type Investment or Owner User Proposed Use
Office
  • Multifamily
  • Hospitality
  • Hotel
  • Medical
  • Religious Facility
  • Restaurant
No. Lots 1 Total Lot Size 5.64 AC
Property Type Land Cross Streets Briar Cliff Ave.
Property Subtype Commercial
Zoning CO - Commercial Office (CO) — permitting a range of commercial uses, subject to local approvals
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Multifamily
  • Hospitality
  • Hotel
  • Medical
  • Religious Facility
  • Restaurant
Total Lot Size 5.64 AC
Cross Streets Briar Cliff Ave.
Zoning CO - Commercial Office (CO) — permitting a range of commercial uses, subject to local approvals

1 Lot Available

Lot 29

Price $3,471,172 CAD Lot Size 5.64 AC
Price Per AC $615,455.98 CAD
Price $3,471,172 CAD
Price Per AC $615,455.98 CAD
Lot Size 5.64 AC
 

  • Listing ID: 36517872

  • Date on Market: 2025-06-27

  • Last Updated:

  • Address: Chase Pky, Waterbury, CT 06708

The Waterbury Land Property at Chase Pky, Waterbury, CT 06708 is currently available. Contact Coldwell Banker Commercial Realty for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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