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 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 5023281

• Residential Single Family
• Full Bath 1
• Address 23 Grandview Terrace
• Construction Existing
• Bedrooms 5

Welcome to 23 Grandview Terrace! This stately Colonial home is situated on a spacious city lot just minutes to all that Rutland has to offer, yet nestled away from the hustle and bustle of city living. Upon arrival you will be drawn in with luscious landscaping, tasteful stone walkways, and a classic circular driveway all located on a dead end street in a great neighborhood. The new custom Mahagony front door opens way to a welcoming grand staircase and large foyer with plenty of storage. Beautiful hardwood floors flow throughout the entire first floor leading you from room to room. Take your choice of where to gather as this home provides ample space to host and entertain your guests whether thats in the family room equipped with a wood burning fireplace, living room directly ajacent to entry, or formal dining room to enjoy those holiday meals. Off the kicthen you will find a lovely deck to enjoy gorgeous views of our Green Mountain state and breathtaking sunsets. Upstairs reveals 5 spacious bedrooms, one with an updated private en-suite featuring a walk-in closet with sliding barn door. If that's not enough space for you, you can take advantage of the additional storage available in the basement w. walkout access -attic- or in the attached 2 car garage. A truly special place with tons of modern updates, yet preserving its original charm. The owners have done numerous updates from new paint in & out, insulation, landscaping, flooring, and more. Schedule your showing today!

Listed by Hughes Group Team of Casella Real Estate

MLS Number 5019106

• Residential Single Family
• Full Bath 1
• Address 70 Litchfield Avenue
• Construction Existing
• Bedrooms 3

Don't miss one of Rutland City's most prestigious homes in a highly sought-after neighborhood. Meticulously maintained, this home is move-in ready and comes FULLY FURNISHED. This classic center hall colonial is boasting with elegance and charm. Recently renovated modern kitchen features stainless steel appliances, granite countertops and a center island open to the dining room with stunning built-ins. Enjoy snowy evenings in the oversized living room with pretty French doors, enhanced by the ambiance of the propane fireplace or watch sunsets in the sunroom which would also make a great in-home office space. This immaculate home is sun-drenched in sunlight and gleaming hardwood floors throughout. The second floor offers a large primary bedroom, two additional bedrooms, full bath and unheated bonus office space overlooking the in-ground pool- only a few years old. This well appointed home doesn't stop on the inside; Enjoy backyard bbq's on the patio and pool parties in your summer oasis within the privacy fenced-in beautifully landscaped yard with a hidden child's play area. Other renovations made in the past few years include: High efficiency propane boiler, 80 gallon Heat Pump hot water heater, 150 amp wiring, newer windows, modern light fixtures and so much more! Centrally located with easy access to Route 4 to Killington/Pico ski are, downtown for dining, farmers market and shopping; lakes, mountain biking, hiking trails and schools. This home is turnkey.

Listed by Nancy Greenwood of Watson Realty & Associates

MLS Number 5008229

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

Modern and sophistication. Currently the only "new build" in Rutland City in this price range. Don't miss this luxury ranch home sitting on a quiet dead-end side street. Strategically situated on a .46+/- acre corner lot. Boasting 4 Bedrooms, 2.5 baths and a 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 5020311

• Commercial
• Address 165 Woodstock Avenue
• Year Built 1930
• Square Feet 4,468
• Acreage 0.25

Two multi-use building and a parking lot on one parcel of land. What a great opportunity to own two buildings on busy Woodstock Avenue/Route 4 east. Front building occupies a long-term, well established hair/nail salon. Back building offers two nice upstairs rentals- one 1 Bedroom which can come furnished and one 2 bedroom (not furnished). Retail space on the whole first floor or great office space. Separate utilities. Two new heat pumps, recently repainted, Drainage added and some minor repairs have been updated in this well maintained complex. Prime location on Route 4E; centrally located on one of Rutland's busiest streets. High visibility w/2 road frontages. The busiest east-west highway in central Vermont, on the way to the Killington-Pico Ski Resort. Ideal site for many possible commercial/retail uses. Located on the bus route.

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

MLS Number 5003220

• Residential Single Family
• Full Bath 2
• Address 5 Clement Road
• Construction Existing
• Bedrooms 6

Step back in time and experience the charm of a bygone era with this one-of-a-kind 1860's Victorian home, situated on a stately 2-acre lot in Rutland City. Rich with history and old-world charm, this magnificent property offers endless possibilities for its new owners. The 1st floor welcomes you with an intricate entryway that sets the tone for the elegance found throughout the home. It features a bedroom and a full bathroom for convenience. The large living room is perfect for entertaining, while the dining room is ideal for hosting family gatherings and dinner parties. The kitchen, complete with 2 walk-in pantries, provides ample storage space for all your culinary needs. The exquisite parquet flooring and enchanting high ceilings add to the historical charm. From the large screened-in porch, you can enjoy the serene outdoors year-round. The 2nd floor consists of 5 more bedrooms, offering plenty of space for family, guests, or the potential for a bed and breakfast setup. A full bathroom conveniently serves all the bedrooms. Additionally, there are 2 spaces that previously served as full bathrooms, offering potential for renovation. The attic has ample storage and once served as sleeping quarters. Whether you envision this property as a primary residence, a quintessential VT bed and breakfast, or a charming vacation home, the opportunities are endless. Don't miss the chance to bring this home back to its full potential and own a piece of history in Rutland City.

Listed by Hughes Group Team of Casella Real Estate