Multi-Level Storefront
For Lease
$999,000
487 Meadow St, Waterbury, CT 06702
The building has adaptable commercial space across multiple levels in downtown Waterbury.
Space SizeContact for details
Days on Market18
Property Features for 487 Meadow St
General Information
Standard status
Active
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,614
Listing Agency:
Five Stars Realty
(860) 560-1500
Listed By:
Guillermo A. Araujo · License #REB.0794500
(860) 794-5353
Source:
Exprealty
Added: Sep 18
Changed: Oct 3
Last Checked: Oct 4 at 2:42PM
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
Investment Insights
Based on property information with market context.
A multi-level storefront property at 487 Meadow Street offers flexible commercial space in downtown Waterbury. Municipal utilities and paved road access serve the property. The space is described as adaptable for retail, office, or other commercial uses.
The downtown setting provides access to major highways and public transportation, with local businesses, restaurants, shopping, and other downtown amenities nearby.
The downtown setting provides access to major highways and public transportation, with local businesses, restaurants, shopping, and other downtown amenities nearby.
Key Highlights
- Multi‑level commercial building at 487 Meadow Street
- Flexible space suited to retail, office, or other commercial uses
- Downtown Waterbury location with access to major highways and public transportation
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,551
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 38%
Hotels & Casinos 7%
McDonald's
Dining
26,439 visits/mo
0.3 miles
Wendy's
Dining
22,067 visits/mo
0.4 miles
Citgo
Shops & Services
10,557 visits/mo
0.3 miles
Shell
Shops & Services
10,549 visits/mo
0.3 miles
Courtyard by Marriott Waterbury Downtown
Hotels & Casinos
9,566 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Waterbury, CT
$12.96 /SF/Yr
Avg Asking Price
$6.14–$28.8 /SF/Yr
Price Range
3,759 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Honey Flower Shop — 353 W Main St, Waterbury, CT 06702
- Graham's Florist, LLC — 351 Watertown Ave, Waterbury, CT 06708
Frequently Asked Questions
What type of property is this?
Storefront property - The building has adaptable commercial space across multiple levels in downtown Waterbury.
Where is this storefront property located?
The property is located at 487 Meadow St Waterbury, CT.
What is the lease rate?
The lease rate is $999,000.
What are key features of this property?
This property features: Multi‑level commercial building at 487 Meadow Street; Flexible space suited to retail, office, or other commercial uses; Downtown Waterbury location with access to major highways and public transportation
