389 Meadow Street new

Waterbury,CT 06702

$ 4950000

- Bed

- Bath

70545 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 70,545 sqft

Price per Sqft $70

MLS Listing ID 24076422

Year Built 1909

Annual Tax Amount $72,973

Lot Size 2.360 Acres

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!

Location

State CT

County New Haven

Zoning CBD

Interior

Interior Features Elevator,Fire Suppression System,Public Restrooms

Heating Hot Water

Cooling Central Air

Exterior

Utilities Available Electric,Gas,Telephone,Cable

Roof Type EPDM Synthetic Rubber,Tile

Building

Lot Description Level Lot,Cleared

Sewer Public Sewer Connected

Water Public Water Connected

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