Active

389 Meadow Street

Waterbury CT, 06702

$4,950,000


$70.17 per sqft

Active

70,545 sqft

Commercial

Built in 1909

**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!

24076422

MLS ID

February 27, 2025

Listed

February 27, 2025

Updated

Interior Features

Interior Features

Elevator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas, Hot Water

Exterior/Building Features

Lot Size

2.36 Acres


Lot Features

Cleared, Level


Roof

Rubber, Tile


Sewer

Public Sewer

Other Property Details

Area Name

Downtown


Taxes

$72,973


Tax Frequency

Annually


Garage

No


View

No


County

New Haven


Water Source

Public


Zoning

CBD

Listed by Shannon Healy with Parker Benjamin Real Estate Se 2037109886

The IDX display contains information sourced from the  Smart MLS, Inc as of 2/27/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/27/2025 at 9:48 PM UTC

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