05701 - Rutland City Properties

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.

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

MLS Number 4971738

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

Listed by Hughes Group Team of Casella Real Estate

MLS Number 4971740

• 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. 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

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

MLS Number 4979545

• Residential Single Family
• Construction Existing
• Bedrooms 4
• Bathroom 3
• Square Feet 2,456

This spacious Cape style home is beautifully situated in one of Rutland's most iconic neighborhoods on a double lot. Gorgeous interior finish creates timeless comfort. Large living room with FP, formal dining room and welcoming den with direct access to the kitchen, driveway and sizeable screened in porch. Four Bedrooms, 2.5 baths, plenty of outdoor space, and convenient floor plan makes this the perfect house for today's family.

Listed by Christopher Fucci and Keith Eddy of Chris Fucci Associates,LTD

MLS Number 4940966

• Commercial
• Year Built 1984
• Square Feet 4,383
• Acreage 1
• PricePerSqFt 136.66

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

MLS Number 4971736

• 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. Raising each unit to market rent will increase your income to make this property even more profitable. 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 36 units are available, see MLS #'s 4971734, 4971738, 4971740, 4971742, 4971745.

Listed by Hughes Group Team of Casella Real Estate

MLS Number 4971734

• 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. Raising each unit to market rent will increase your income to make this property even more profitable. 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 36 units are available, see MLS #'s 4971736, 4971738, 4971740, 4971742, 4971745.

Listed by Hughes Group Team of Casella Real Estate

MLS Number 4960591

• Multifamily
• Units 8
• Bathroom 8
• Acreage 0.36
• Square Feet 5,000

Investment Opportunity, 8 units in 2 buildings on good size lot in a nice location, well maintained convenient to downtown for shopping , ski areas and lakes region , good rental history 100% occupancy, ample parking for tenants, five 2 bedrooms and three 1 bedrooms over $111k in gross income yearly, Cap Rate at the asking price is over 13%.

Listed by Mike Kalil of Watson Realty & Associates

MLS Number 4977404

• Residential Single Family
• Square Feet 2,520
• Bedrooms 3
• Bathroom 2
• Construction Existing

New construction just minutes to RHS, RRMC and from everything Downtown has to offer! This stunning new build features a spacious and bright open-concept main floor. You will love cooking in this gorgeous eat-in kitchen with granite countertops, extended cabinetry, open to living, and dining spaces creates an entertainer's dream loaded with designer touches! LED lighting and first floor Laundry. Private primary bedroom with 3/4 bath and a heat pump for the convenience of AC in summer extra heat on cold winter nights. Two additional bedrooms share a full bath. The lower level offers an incredible large family room with space for an in-home office or a gym which walks out to the big back yard and heated by the radiant floor. Easy access to Killington/Pio Ski Areas. One of very few new builds currently available in Rutland City.

Listed by Nancy Greenwood of Watson Realty & Associates

MLS Number 4962526

• Commercial
• Year Built 1900
• Square Feet 4,037
• PricePerSqFt 123.61

This a rare opportunity for a business investment. The first floor operates as a going market selling beer, wine and other convenience store items. Large walk-in cooler for an extensive variety of local beer and wine. Th second floor has an one bed room apartment for the owner or to rent for additional income. Located on busy route 4 on the way to Killington. This truly is a great opportunity for the entrepreneur.

Listed by Hurley Cavacas of New England Lakeside Realty