$4,950,000

389 Meadow Street, Waterbury, CT 06702

  • 70,545 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon2.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $70/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

**For Sale: Waterbury Union Station - Clocktower Building - Premier Redevelopment Opportunity - Shovel Ready** Located in the heart of Waterbury, Connecticut, the iconic Waterbury Clocktower Building presents a unique and exciting redevelopment opportunity. This historic landmark consisting of 70,545 square feet is ready for transformation, with comprehensive plans already completed for its adaptive reuse to 38 residential units, and first floor commercial space including retail, food & beverage, office space, and more. The property is shovel-ready, with all the groundwork laid for a smooth redevelopment process. The building has received zoning compliance from the City of Waterbury and both National Park Service and State Historic Preservation Office approvals for Part 1 and Part 2 Historic Tax Credit applications. Key Features: - Prime location in downtown Waterbury, offering convenient access to local amenities and transportation - Transit-Oriented housing connected to the newly developed MTA line - Completed plans for redevelopment - Full compliance with historical and zoning regulations - Spacious, flexible interior ideal for mixed-use conversion - Strong potential for significant return on investment in a growing, revitalizing area This is an unparalleled opportunity to own and transform a piece of Waterbury's rich history into a vibrant, modern space. Don't miss your chance to be part of the revitalization of this remarkable building!

Listing Status:
Active
Date Added:
February 27, 2025 at 09:19PM
Listing Office:
Parker Benjamin Real Estate Se : (860) 269-7272
Listing Agent:
Shannon Healy : (203) 710-9886
MLS ID:
24076422
  • General: ElevatorFire Suppression SystemPublic Restrooms
  • A/C: Central Air
  • Heating: Hot WaterNatural Gas

This listing courtesy of Shannon Healy, Parker Benjamin Real Estate Se

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Driggs Elementary School

77 Woodlawn Ter, Waterbury, CT, 06710

Grades KG-5

0.61 miles away

W

Waterbury Arts Magnet School (Middle)

16 S Elm St, Waterbury, CT, 06706

Grades 6-8

0.50 miles away

W

Waterbury Arts Magnet School (High)

16 S Elm St, Waterbury, CT, 06706

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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