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Multi-Level Mixed-Use Building

487 Meadow St, Waterbury, CT 06702

For Sale
$999,000

Flexible commercial space with municipal utilities and paved road access near downtown amenities.

Property Size11,458 SF
Days on Market55

Property Features for 487 Meadow St

General Information

Standard status Active
Size 11,458 SF
Property subtype Commercial

Site & Location

Neighborhood Hillside
Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Building Details

Building Size 11,458 SF
Year Built 1880
Buildings 1
Listing Agency: Five Stars Realty
Listed By: Guillermo A. Araujo · License CT REB.0794500
Source: Elliman
Added: Sep 19 Changed: Oct 31 Last Checked: Nov 12 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Stars Realty

Rey
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Investment Insights

Based on property information with market context.

This multi-level mixed-use property offers flexible commercial space suitable for office, retail, or other commercial applications. Constructed in 1880, the building provides a substantial existing structure for a range of business or investment uses. Municipal utilities and paved road access support day-to-day operations.

The property is located at 487 Meadow St in Downtown Waterbury, with access to major highways, public transportation, local businesses, restaurants, shopping, and other downtown amenities. Walk Score is 77, Transit Score is 53, and Bike Score is 40, reflecting walkable surroundings with available transit and moderate bicycle access. Zoning, permitted uses, and development opportunities require independent buyer due diligence.

Key Highlights

  • Multi‑level mixed‑use building constructed in 1880
  • Flexible space for office, retail, or other commercial uses
  • Municipal utilities serving the property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ministerio Jesucristo Rey ... Church

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Locksmith Travel Agency Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,551
Businesses Nearby

Demographics for 06702, CT

3,882
Population
1,910
Households
2
Avg Household Size
45
Median Age
8%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
5,546
Density / Sq Mi
$16,198
Median Household Income
$15,833
Median Earnings
$720
Median Rent
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Market

Average Price Trend$/SF for Mixed-use properties in New Haven County, CT

$233 Jul
$223 Aug
$220 Sep
$192 Oct

Properties on Market for Mixed-use properties in New Haven County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial space with municipal utilities and paved road access near downtown amenities.
Where is this mixed-use property located?
The property is located at 487 Meadow St Waterbury, CT.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Multi‑level mixed‑use building constructed in 1880; Flexible space for office, retail, or other commercial uses; Municipal utilities serving the property
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