About 389 Meadow Street
**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!
Features of 389 Meadow Street
MLS® # | 24076422 |
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Price | $4,950,000 |
Square Footage | 70,545 |
Square Footage | Public Records |
Acres | 2.36 |
Type | Commercial For Sale |
Status | Active |
Community Information
Address | 389 Meadow Street |
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Area | Downtown |
City | Waterbury |
County | New Haven |
State | Connecticut |
Zip Code | 06702 |
Amenities
Utilities | Electric, Gas, Telephone, Cable |
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Parking Spaces | 87 |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Elevator, Fire Suppression System, Public Restrooms |
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Heating | Hot Water, Natural Gas |
Cooling | Central Air |
Fireplace | No |
Has Basement | No |
Exterior
Lot Description | Level Lot, Cleared |
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Roof | EPDM Synthetic Rubber, Tile |
Additional Information
Date Listed | February 27th, 2025 |
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Days on Market | 222 |
Zoning | CBD |
RE / Bank Owned | No |
Listing Details
Office | Parker Benjamin Real Estate Se |
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