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Rutland VT Real Estate

224 North Main Street Rutland City VT 05701

MLS Number 4966339

  • Commercial
  • Year Built 1947
  • Square Feet 36,225
  • Acreage 4.21
  • PricePerSqFt 27.47

This is a very well located Redevelopment Opportunity with possible restoration of existing Restaurant, Kitchen and part of Dairy Bar bldg covering a total of approximately 9,500 to 12,000 sq. ft. The balance of the 36,225 sq. ft. building likely needs to be razed with some salvage value of steel frame. In its Prime in the mid 1980's the complex consisted of 3 buildings joined together: A 9,534 sf Restaurant bldg, 21,111 sf Dairy Bldg including a 2,400 sf Dairy Bar, and a 5,580 sf Distribution Center with drive-thru truck wash/repair bay and 3-Bay Garage with three 12'x14' OHD's. Two other buildings on the site include a former 2-story residence (in serious disrepair) near the south property line, and a large Quonset Storage Building toward the rear north side of the property. Appraised by a VT-licensed General Appraiser for $975,000 in 2022, it is offered at that plus a modest 2% inflation adjustment for a net offering price of $995,000. Owners successfully appealed the City Tax Assessed value of approx. $1.25 million down to the current $770,800 assessed value. ABOUT 2/3rds OF BLDG IS IN SERIOUS DISREPAIR, WITH ROOF, CEILINGS AND SOME FLOORS COLLAPSING. OWNER MUST ACCOMPANY SHOWINGS OF FULL STRUCTURE beyond the restaurant space. DISCLOSURE: Soil contamination has been identified and registered with the State, and further testing needs to be done. Buyer's engineer will be asked to speak with the State engineer about the scope of contamination.

Listed by Ray Ault of Ault Commercial Realty,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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24 Wales Street Rutland City VT 05701

MLS Number 4958882

  • Commercial

After 15 years of thriving business, Table 24 is for sale! You won't find a more turn-key restaurant property than this. Approximately 5,000 square feet of space, as well as the business for sale. Located in the heart of Downtown Rutland, just 20 minutes from Killington Resort.

Listed by Andy Paluch of TPW Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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14 Cottage Street Rutland City VT 05701

Rutland City, VT14 Cottage Street

Price$710,000

Est. Mortgage: $/month

MLS Number 4988076

  • Multifamily
  • Units 8
  • Acreage 0.26
  • Square Feet 7,314
  • PricePerSqFt 97.07

RUTLAND CITY, VT - Here is an exceptional investment opportunity with a total of 8 potential income-generating units! This property features a 7-unit multi-family building and an inviting single-family home. Crafted with a mix of brick and wood frame construction, the 7-unit building stands as a testament to enduring quality and timeless appeal. The current owners have experienced significant profits, showcasing the remarkable rental potential of these well-maintained units. The central location of these units provides easy access to bus routes and daily necessities, ensuring effortless commutes and errands for tenants and owners alike. This added advantage enhances the property's overall appeal, addressing the practical needs of residents. What sets this investment apart from the rest is the rarity of finding a property with so many units that consistently yield strong cash flow. The prospect of owning 2 buildings with a total of 8 units is an extraordinary opportunity for astute investors. 14 & 14.5 Cottage Street is a solid investment in Rutland's real estate, offering a total of 8 units that promise enduring construction, a strategic location, and proven profitability. Cap rate over 10% at list price when fully rented! 4 other properties from the same portfolio are also currently listed for sale. Please inquire for further information regarding the other properties. Will not consider creative financing.

Listed by Betsy Adamovich of Real Broker LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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37 Killington Avenue Rutland City VT 05701

MLS Number 4987685

  • Multifamily
  • Units 8
  • Bathroom 8
  • Acreage 0.33
  • Square Feet 5,836

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units and 2 studio apartments. Well maintained building with many long term tenants. The property boasts a healthy 10% cap rate. Call to schedule your showing today. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4971745, 4987681, 4987682, 4987686.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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172 South Main Street Rutland City VT 05701
Active With Contract

MLS Number 4978880

  • Commercial
  • Year Built 1900
  • Square Feet 9,132
  • Acreage 0.6
  • PricePerSqFt 68.44

Own this great investment opportunity in the most prime location in rutland, located in a small strip mall with viable successful businesses, occupying this property one very successful business as a tenant (StoneHedge Indoor Golf)although this property currently is a 2 unit property, unit 1. on1st floor is about 7500 SF unit 2. is on the 2nd floor is about 1700 SF , currently the tenant is renting both spaces, but for the future , this property can easily be divided to two unites on the first floor, conveniently there are two main entrances one on each end of the building with its own parking and of course upstairs unit have its own entrance as well . there are currently 3 large bathrooms and handicapped accessibility. Current cap rate at asking price is 8% NNN lease

Listed by Watson Realty & Associates

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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46 Terrill Street Rutland City VT 05701

Rutland City, VT46 Terrill Street

Price$620,000

Est. Mortgage: $/month

MLS Number 4987686

  • Multifamily
  • Units 6
  • Bathroom 6
  • Acreage 0.17
  • Square Feet 4,772

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units. All, but 2 of the units have 2 floors with living space on the first floor and bedrooms on the second floor. Very spacious units that have been nicely updated. Tenants pay their own electric. Shared laundry on site. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4987681, 4987682, 4987685, and 4971745.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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18-A Chaplin Avenue Rutland City VT 05701

MLS Number 4896544

  • Commercial
  • Year Built 1990
  • Square Feet 7,415
  • Acreage 1.05
  • PricePerSqFt 80.92

Established auto body and paint shop that has been doing quality work for 32 years providing full-service collision repair & paint services, bumper-to-bumper capabilities, is now ready to pass the torch. This business is a turn-key opportunity, ready for a new owner. All the equipment necessary to do a professional and efficient job included in the price, including - 2 tower frame machines, welding equipment, 3D measuring machine, and much more. The business is situated in a freestanding building with 2 paint booths, multiple working stations with overhead doors and large parking areas. You cannot duplicate this business for anywhere near the price you can purchase this opportunity with great equipment, established name and large book of business. Can be purchased in conjunction with 18 Chaplin Ave, MLS #4896551, which is currently used as the office space for the operation.

Listed by Brian Armstrong and Daniel Preston of KW Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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204 South Main Street Rutland City VT 05701

MLS Number 4980727

  • Commercial
  • Square Feet 11,240
  • Acreage 0.38
  • PricePerSqFt 49.82

Class A office space for sale in a prime high-traffic location on US Route 7 in Rutland, Vermont. The property is immaculately maintained and is currently leased by an accounting firm for well over a decade. Though it currently supports a single tenant, the building was built to support three separate office or retail tenants and could easily be converted back to that structure. The building has three separate 200 amp electrical services and three separate HVAC systems. The property has 3 bathrooms, 15 individual offices, a kitchen and a kitchenette, multiple storage and copy rooms and a reception area.

Listed by Andy Paluch of TPW Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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15 Kingsley Court Rutland City VT 05701

Rutland City, VT15 Kingsley Court

Price$560,000

Est. Mortgage: $/month

MLS Number 4987682

  • Multifamily
  • Units 6
  • Bathroom 6
  • Acreage 0.17
  • Square Feet 5,015

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units with open concept layouts. Tenants pay their own electric. Adjacent property, 17 Kingsley Court is also listed for $560,000 with the same footprint. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4987681, 4987686, 4987685, 4971745.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

17 Kingsley Court Rutland City VT 05701

Rutland City, VT17 Kingsley Court

Price$560,000

Est. Mortgage: $/month

MLS Number 4987681

  • Multifamily
  • Units 6
  • Bathroom 6
  • Acreage 0.17
  • Square Feet 5,015

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units with open concept layouts. Tenants pay their own electric. Adjacent property, 15 Kingsley Court is also listed for $560,000 with the same footprint. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4971745, 4987682, 4987686, 4987685.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 17, 2024 6:08 PM EDT