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$1,200,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Excellent opportunity in the heart of Downtown Waterbury! This commercial property at 487 Meadow Street offers a highly visible urban location with convenient access to major highways, public transportation, local businesses, restaurants, shopping, and downtown amenities. The property features a substantial multi-level building with flexible space offering a variety of potential commercial, office, retail, or investment uses. Municipal utilities and paved road access add to the convenience. A great opportunity for investors, business owners, or developers looking for a well-located property with excellent potential in Downtown Waterbury. Buyer to perform their own due diligence regarding zoning, permitted uses, and potential development opportunities.

Full Property Details for 487 Meadow St

General

  • Price: $1,200,000
  • Taxes: (July 2026-June 2027)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24208291
  • Updated: 9/18/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Location

  • County: New Haven
  • Driving Directions: GSPS

Heating & Cooling

  • Cooling Type: Central Air, Window Unit
  • Heating Type: Hot Air, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas

Structural Information

  • Roof: Other
  • Square Feet: 11,458
  • Sq. Ft. Source: Approximate
  • Year Built: 1880

Unit Information

Unit 1

  • Unit Description: Retail
  • Total Bathrooms: 4

Lot Features

  • Lot Size (Acres): 0.1
  • Frontage: Municipal Street, Paved Road
  • Zoning: CBD
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $152,600
  • Tax Year: July 2026-June 2027

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1381063

Listed by Five Stars Realty, Guillermo Araujo

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Listing agent

— 487 Meadow St —

  • Guillermo Araujo

    Five Stars Realty

Agent Contact: (860) 794-5353 Office Contact: (860) 560-1500

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 487 Meadow St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$1,200,000
280.95%
MLS
3/02/2001
Sold
$315,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 487 Meadow St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,864
-9%
$152,600
—
2023
$7,545
-9%
$152,600
—
2023
$8,269
72%
$152,600
91%
2022
$4,798
—
$79,690
—
2021
$4,798
100%
$79,690
—
2020
100%
$79,690
—
2019
100%
$79,690
—
2018
100%
$79,690
-1%
2017
-100%
$80,500
—
2016
$4,847
100%
$80,500
-50%
2015
-100%
$160,040
—
2014
$9,318
2%
$160,040
—
2013
$9,119
—
$160,040
—
2011
$9,119
—
$160,040
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Five Stars Realty, Guillermo Araujo

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487 Meadow Street, Waterbury, CT 06702 (MLS# 24208291) is a Commercial property. 487 Meadow Street is currently listed for $1,200,000 and was received on September 18, 2026. Want to learn more about 487 Meadow Street? Do you have questions about finding other Commercial real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.

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