05701 - Rutland City Properties

MLS Number 4997552

• Commercial
• Address 59 Meadow Street
• Year Built 1903
• Square Feet 20,341
• Acreage 1.33

Welcome to the Loretto Home, a captivating 20,000 SF historic brick building located in the vibrant heart of Rutland, Vermont. This distinguished property, formerly a senior living facility owned by the Roman Catholic Diocese, offers a unique blend of historic charm and modern potential. Nestled on 1.33 acres of beautifully landscaped grounds, the Loretto Home stands as a testament to architectural elegance and timeless design. Located in the bustling downtown area, the Loretto Home is perfectly positioned to benefit from Rutland's rich community life and economic opportunities. Its proximity to local shops, restaurants, and cultural attractions makes it an ideal location for both commercial and residential endeavors.

Listed by Kendra Kenney of Pomerleau Real Estate

MLS Number 5000416

• Commercial
• Year Built 1971
• Square Feet 15,685
• Area VT-Rutland
• PricePerSqFt 121.13

Excellent opportunity to own a meticulously maintained commercial building with a prime location on US Route 7 in Rutland City! This 15,000+ square foot building has long-term tenants in place and 3 vacant spaces ready for your own business or lease. Positive monthly NOI. It offers ample parking on a paved lot with 35+ spaces. This property is turn-key with endless opportunity!.

Listed by Denise Scarborough of 802 For you Realty,LLC

MLS Number 5027045

• Residential Single Family
• Full Bath 11
• Address 70 North Main Street
• Construction Existing
• Bedrooms 10

Exceptional craftsmanship meets modern restoration in this stunning Victorian home. Original features like leaded stained-glass windows, leather wall accents, intricate plaster moldings, and handsome oak parquet flooring highlight its timeless elegance. A grand foyer welcomes you with a 145-year-old handcrafted staircase, while the opulent dining room showcases built-ins and a stained-glass wall of windows. The parlor, living room, and office are enhanced by fireplaces, high ceilings, and meticulously restored moldings. The expansive chef's kitchen offers both function and charm with original pantries and cabinetry. The upper two floors feature ten beautifully decorated bedroom suites, custom built-ins, offering luxurious comfort. Previously operated as a successful Bed and Breakfast for 21 years, this home still holds active permits, allowing for a seamless return to business or continued use as a private residence. The updated detached CARRIAGE BARN offers endless opportunities for a business, studio, or workshop. Ample parking and a three-car garage provide plenty of space. Located in Rutland, Vermont-recently ranked the 7th Best Small Town by Leisure Magazine-this home is minutes from the expanding Killington Ski Area. Enjoy skiing, hiking, biking, and exploring scenic lakes and parks. Rutland's vibrant downtown features charming restaurants, cafés, and a lively farmers market. This remarkable property offers the perfect blend of history charm and modern amenities.

Listed by Freddie Ann Bohlig of Four Seasons Sotheby's Int'l Realty

MLS Number 4966339

• Commercial
• Year Built 1947
• Square Feet 36,225
• Acreage 4.21
• Area VT-Rutland

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 August 2022, it is offered at 15% below that, despite 6.2% inflation since then, for an inflation adjusted savings of 21%. 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.

MLS Number 5007124

• Residential Single Family
• Full Bath 3
• Construction Existing
• Bedrooms 5
• Bathroom 4

Stately Colonial. You don't want to miss seeing this impressive 5 bed, 4 bath, Colonial Style home nestled on 1.38 acres, located in a desirable location in the heart of Rutland, featuring a welcoming and comfortable open concept main floor, plenty of natural light, spacious kitchen with center island, pantry, formal dining and formal living room, lovely maple cabinets and maple hardwood flooring with a combination of radiant and HWBB heat throughout, and an air filtration system. The main floor 11 x 13 bonus room would make a great office, nursery, or private guestroom. This 5 bed, 4 bath boast of a primary bedroom with cathedral ceiling and en suite bathroom, with convenient 2nd floor laundry, central vac system sans vacuum unit. The roughed-in basement with roughed-in bath, has 3 ways for easy access via: interior stairs, walk-out, or walk-up. There's plenty of extra basement storage room that could make an ideal living space or rec-room.The oversized 3 car garage with a walk up storage loft, gives you plenty of space for cars, tools, and toys. There's also a private rear deck. Enjoy the outdoors accented with beautiful landscaping, mature trees, wildlife, and mountain views. Enjoy your beautiful private back yard for gardening, outdoor play, or quiet relaxation with family and friends. Minutes from down town shopping, events & dining. Only minutes from Killington/ Pico Ski Resorts. Check out the 3D tour here in this listing. A must see!

Listed by Mark Triller of Real Broker LLC

MLS Number 5032127

• Residential Single Family
• Full Bath 2
• Address 23 Grandview Terrace
• Construction Existing
• Bedrooms 5

This Mountain View Colonial comes furnished and when pulling in the driveway you will always see the trees and mountains. This is a luxury retreat, and priced amazing! Don't build, buy and move in, with top of the line frame valued at asking price of home to rebuild. Bring your own creative interior design ideas to finish off the remodel. Enjoy Mountain View's year round in a great neighborhood in Vermont. Reach out to find out what extensive work was done by owner.

Listed by Derek Eisenberg of Continental Real Estate Group,Inc.

MLS Number 5030847

• Commercial
• Address 48 South Main Street
• Year Built 1910
• Acreage 0.2
• Area VT-Rutland

Unique Commercial Property with Endless Potential! This exceptional commercial property offers 12 bedrooms and 3.5 bathrooms and was previously used as a residential care home. Featuring a whole-house sprinkler system and a whole-house generator, it is well-equipped for various commercial or residential uses. The possibilities are endless! Convert it into a spacious multi-family home, office building, boarding house, or maintain it as a care facility. With its room-by-room rental potential, it could be a great fit for seasonal employees like at Killington Mountain or those seeking affordable, long-term accommodations. Additional features include ample parking and a prime location within walking distance of daily necessities, making it highly convenient for tenants or business operations. Don't miss this unique investment opportunity-schedule your showing today and explore the possibilities!

Listed by Hughes Group Team of Casella Real Estate

MLS Number 5008229

• Residential Single Family
• Full Bath 2
• Address 24 Victor Place
• Construction New Construction
• Bedrooms 4

Price Improvement! Modern and sophistication. Currently the only completed "new build" in Rutland City in this price range. Don't miss this luxury ranch home sitting on a quiet dead-end side street with a huge walkout finished basment. Strategically situated on a .46+/- acre corner lot. Boasting 4 Bedrooms, 2.5 baths and a huge 23x26 family room or a gorgeous ground-level office with 10 ft ceilings. This property provides ample space with a modern organic design. The main floor offers a welcoming open floor plan; kitchen features high-end granite countertops and stainless steel appliances, dining area off kitchen with easy access to the backyard for bbq's. The large living room offers distance mountain views and open to kitchen/dining areas. Escape to your own private primary suite featuring a walk-thru closet and spa-like bathroom with a rainfall shower head and tiled shower. Luxury vinyl flooring throughout, radiant floors and all bedrooms and laundry room on the main floor. Oversized two car heated garage with room for a workshop and radiant floors. Trex decking with Birdseye views. A clean certificate of occupancy will be provided prior to closing. Close to RRMC, walking distance to RHS and a short drive to Killington Ski Area, the largest ski area in the eastern U.S., with year-round activities including golf and mountain biking or head over to Okemo Mtn to enjoy a day of skiing for some of Vermont's best ski areas.

Listed by Nancy Greenwood of Watson Realty & Associates

MLS Number 5017747

• Multifamily
• Address 43 Summer Street
• Units 8
• Acreage 0.11
• Square Feet 3,896

Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Listed by Betsy Adamovich of Real Broker LLC