Rutland Real Estate

MLS Number 4787094

• Commercial
• Year Built 1988
• Acreage 2.47
• NOI 268285

Highland Meadows, a 2019 renovated, market-rent 32 unit apartment complex (30 2BR/2BA & 2 1BR/1BA) located just east of the Otter Creek overlooking the City of Rutland. Boasting new or updated high-efficiency windows, doors, siding, trim, flooring, cabinets, appliances, tanks & Heating systems. Convenient to downtown, yet nestled in a quiet residential country setting, Highland Meadows allows for a fully renovated and stabilized investment with an outstanding CAP Rate and no additional CapEx expenses for years. Recently converted back to Market-Rent units, Highland Meadows has strong historical occupancy since built in 1988. This development is professionally managed and provides an outsized cash-on-cash return for passive or active investors. Opportunity Zone allows for possible significant tax advantages.

Listed by Marek Kovac and Paul William Carroccio of TPW Real Estate

MLS Number 4761903

• Commercial
• Acreage 1.19

Very fast paced operation, not uncommon to have waiting lines for up to an hour to get in. 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

MLS Number 4718014

• Commercial
• Year Built 1984
• Acreage 0.69

High volume traffic location with great visibility! Ideal location for business, restaurant, or offices. Numerous possibilities!! Currently used as two separate 2000 S.F. business units. The south end unit has a large finished basement with interior stairs, plus an unfinished storage area with shelving and central air. The north end has a full unfinished basement with exterior access and a large canopy drive-through area. Large paved parking lot. Owner/ Broker (See #4632475 and #4464109)

Listed by Dagyne Canney of Green Mountain Realty and Properties

MLS Number 4730670

• Commercial
• Year Built 2003
• Acreage 0.69

This 8800 square foot commercial building is an ideal place for your business. Whether you are looking for a location to open the business of your dreams or to expand your present one- this could be the spot. Use all the 8800 sq ft for yourself or use half and rent out the other side. Great traffic count; plenty of off street parking; visibility galore; separate utilities on both sides. This property is only limited by your imagination.

Listed by James Pell of Watson Realty & Associates, PLC

MLS Number 4783767

• Commercial
• Year Built 1995
• Acreage 1.34

High quality specialty retail store with super visibility on US Route 4 East on the way to Killington Ski Resort. Large open first floor of 2,596 sq. ft. with natural light and cathedral ceiling. Finished lower level of 2,448 sq. ft. for retail display/work room/inventory plus mezzanine office of 656 sq. ft. Municipal services, abundant on site parking and ample signage. Located adjacent to HOME DEPOT and across from RHS/VOTECH schools. This is a high traffic mixed business area on the eastern artery of Rutland City. The property was developed subsequent to Act 250 permitting.

Listed by Jim Watson of Watson Realty & Associates, PLC

MLS Number 4779371

• Commercial
• Year Built 1920
• Acreage 0.7
• NOI 61595

Great location on corner of N Main St and North St Ext. Many upgrades, wonderful investment property grossing over $94,000 11.5% Cap rate at asking price. Property consists of ten rental units including the former MR C'S Market (now Cycle shop)--five apartments--three cold storage units--and a detached shop--all are fully rented--the total property has been extensively upgraded including new state-of-the art Buderas heating system, most units are updated and up to code--new roof--unlimited paved parking for many uses-well kept and no deferred maintenance, good rental history, property consist of 2 buildings, Building one: 3 (2 Bedroom) Apartments 1 (4 Bedroom)Apartment 1 (1 Bedroom) Apartment 1 Retail Space - approximately 2600 sq. ft 3 Large Storage units Building two: Garage - rented to a car detailing tenant for over 7 years 6 Storage units, Storage Shed,Outdoor Parking..also listed under multi family MLS no 4779818

Listed by Mike Kalil of Watson Realty & Associates, PLC

MLS Number 4722946

• Commercial
• Year Built 1836
• Acreage 15.45

ESTABLISHED VERMONT GARDEN CENTER: Successful operating retail garden center with excellent real estate and location on busy U. S. Route 7 just north of Rutland. 15.45 acres with pond, historic c.1836 4,378 sq. ft. brick colonial for retail display, 10,080 ridged roof greenhouse, 8,000 sq. ft. two story storage barn, improved parking areas, exterior display areas, exterior plant grow areas and a Christmas tree plantation. Sale includes furniture, fixtures and some site specific equipment. Permitted under Act 250 Land use Permit 1R0811.

Listed by Jim Watson of Watson Realty & Associates, PLC

MLS Number 4773586

• Commercial
• Acreage 0.47

Financial and Rental Information available upon execution of a standard NDA.

Listed by Keith Eddy of Chris Fucci Associates, LTD

MLS Number 4779921

• Commercial
• Year Built 1865
• Acreage 0.38

SUPER LOCATION!! This 1864 Italianate style building has 18 showrooms plus abundant storage space. Main building has some wonderful architectural details. The six apartment addition (1978-1979) provides good monthly income stream. Total of 10,456 square feet of space. Potential uses for this property are myriad because location is excellent for a multitude of business ventures. Buyer could construct four more apartments in the main building as luxury (high rental) units. OR, Buyer could construct two apartments and front could be two commercial rentals spaces. See Multi-family MLS 4779923 for more information on apartments.

Listed by Betty Ann Martin of Alison McCullough Real Estate