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46 Diamond Run Mall Pl Rutland, VT 05701

91-acre Rutland, VT retail & housing site

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 91-acre redevelopment opportunity presents a unique chance to reshape a prominent Rutland, Vermont location. Currently vacant, the former Diamond Run Mall boasts Act 250 approval, streamlining the permitting process for future development. The site's strategic location along heavily trafficked Routes 4 and 7 ensures high visibility and accessibility. Its proximity to Spartan Arena, a 38,000 square foot sports complex, further enhances its appeal. The property's adjacency to this thriving sports facility, which serves the local community and hosts the Division III Castleton Hockey Team, provides a built-in source of potential customers and foot traffic. Moreover, its location just 15 minutes from Killington Ski Resort, a major Northeastern tourist destination attracting millions annually, offers significant potential for attracting visitors and residents alike. The site is zoned for a variety of uses, including retail, housing, and hotel development, allowing for a flexible and potentially lucrative project. The existing Act 250 permit, with only minor amendments needed, significantly reduces the time and cost associated with obtaining necessary approvals. This presents a rare chance to capitalize on a prime location in Rutland, Vermont, the state's third-largest city, situated in the heart of a large regional trade area encompassing Rutland County and portions of several neighboring counties. This is a truly exceptional opportunity for a developer seeking a high-impact project in a vibrant and growing market.

Highlights

  • Retail property, 1 space available.
  • 91.92-acre site in Rutland County, VT, suitable for redevelopment into retail, housing, and hotel uses.
  • Act 250 approved entitlements in place, allowing for redevelopment with minor amendments.
  • Prime location along Route 4 and Route 7, in Rutland, VT's central business district.
  • Adjacent to Spartan Arena, a 38,000 SF sports complex.
  • 15 minutes from Killington Ski Resort.

Property Details for 46 Diamond Run Mall Pl

Property type
Retail properties, Industrial properties
RSF (Rentable sq. ft)
3,963,960 SF

Unit(s) available at that property

Space
Redev
Size
3,963,960 SF

Location Insight

City
Rutland
County
Rutland
State
Vermont
Latitude
43.581398760177
Longitude
-72.96587765839
46 Diamond Run Mall Pl, Rutland, Vermont

FAQs

What type of property is this?
Retail property - 91-acre Rutland, VT retail & housing site
Where is the retail property located?
The property is located at 46 Diamond Run Mall Pl Rutland, VT.
What are key features of this property?
This property features: Retail property, 1 space available.; 91.92-acre site in Rutland County, VT, suitable for redevelopment into retail, housing, and hotel uses.; Act 250 approved entitlements in place, allowing for redevelopment with minor amendments.
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46 Diamond Run Mall Pl
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