Located in Rutland County, Rutland is Vermont’s third-largest city. Centered among several large cities in New York, Massachusetts, and New Hampshire, Rutland has served as a connection to all coming to Vermont. The city of Rutland is also one of the main resources for those in rural towns of southern Vermont. Its historic downtown is lively, providing residents and visitors alike with unique shops, restaurants, and plenty of entertainment and arts.
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The 178-acre site of the former Thomas Dairy is ready for its next chapter with approximately 55,000 square feet of industrial, warehouse and barn space, as well as a 2-unit residential farmhouse. Tremendous potential for another farm enterprise to carry on the multi-generational agricultural legacy of the property, or utilize the existing structures for multiple smaller tenants or storage. Beautiful views abound across the property, providing opportunity for upscale housing development.
Prime location and endless development potential for this property! Road frontage on one of the highest trafficked corners in Rutland County at the corner of Route 4 and Route 7, presents a truly one of a kind development opportunity for retail or other commercial use. Minutes away from downtown Rutland and less than a mile from major box store retailers. Access to the property from Middle Road provides much more private setting with rolling meadows and mountain views. Beautiful location for one or multiple home sites with vast acreage stretching back to Otter Creek to the west.
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.
Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food, Very loyal local Clientele, Frequented by Tourists as well. Licensed for up to 100 seats. Despite the volume, this is one of the most immaculate kitchens in Vermont. The owners have very high standards not only with their food, service, it also includes their building, inside and out. The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking. It helps if a new owner is a Chef and has high volume experience. The numbers support the price. Seller request Buyers to sign a Confidentiality Agreement and provide financial information to prove their ability to purchase before we can release the financial information. Required minimum down payment by Banks is 20%. It is also customary for a new owner to pay dollar for dollar for the inventory at time of closing.
Listed by Dick Palmer of Hospitality Consultants,LLC
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.
Welcome to Wynnmere, a picturesque adult community nestled in the tranquil embrace of the Green Mountains in Vermont. Here, amidst nature's breathtaking beauty, you'll find the perfect balance of serenity and excitement. With close proximity to a thriving New England town and mere minutes from the largest ski area in the North East, Wynnmere offers a lifestyle brimming with possibilities. Immerse yourself in the splendor of this Torrey Pine design, an exquisite duplex that epitomizes elegance and sophistication. Indulge in the serenity of a walk-out design, seamlessly blending indoor and outdoor living, allowing you to relish the natural wonders of your surroundings. Experience a home that transcends the ordinary, capturing the essence of refined living at its very core. As you explore this remarkable community, take a moment to meander through the cul-de-sac and witness the already-built homes that grace the landscape. Each one is a testament to the superior craftsmanship and attention to detail that defines Wynnmere. Let your imagination soar as you envision your own unique haven amidst this picturesque backdrop. Now is the time to plan your custom construction and witness the realization of your dream home, with building scheduled to commence in the spring of 2024 Furthermore, with the expert guidance of Abatiello Design Center, you can customize every detail of your home's interior, ensuring that it becomes a true reflection of your personal style and preferences.
Listed by Freddie Ann Bohlig of Four Seasons Sotheby's Int'l Realty
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 Mike Kalil of Watson Realty & Associates
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. Raising each unit to market rent will increase your income to make this property even more profitable. Shared laundry on site. If you are looking to add to your portfolio, up to 36 units are available, see MLS #'s 4971734, 4971736, 4971738, 4971742, 4971745.
Listed by Hughes Group Team of Casella Real Estate
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
One of Rutland County's most iconic summer food spot destinations for over 30 years. There is opportunity to extend operations beyond summer months. The Village Snack Bar sale includes the snack bar business, furnishings and fixtures and real estate with 4 rental units. Property generates strong net rental income to assist in debt service coverage. Excellent opportunity for growth with expanded hours and additional sales offerings. Full Offering Memo with financial information available after execution of NDA. Motivated owners will be part of the business transition. Must see!
Listed by Maureen McShane of Chris Fucci Associates,LTD
Welcome to a home that effortlessly blends comfort, style, and functionality. This stunning ranch-style home, boasting four bedrooms and three and a half bathrooms, is a testament to thoughtful design and modern living. Here's a glimpse into what makes this property exceptional: The heart of the home is a generous and open living area, creating an inviting atmosphere for gatherings and relaxation. The updated kitchen is a chef's dream, featuring top-of-the-line stainless steel appliances, a spacious island with seating, and ample storage. Whether you're hosting a dinner party or preparing a family meal, this kitchen is as functional as it is stylish. Retreat to your primary suite with a full bathroom for some peace and quiet. The attached garage ensures convenience and security, providing shelter for your vehicles and additional storage space. This property is more than a home; it's a community-centered lifestyle in Rutland Town. Experience the joys of open-concept living, and a vibrant neighborhood. Schedule a showing and envision the possibilities of calling this modern property your home.
Listed by Hughes Group Team of Casella Real Estate
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