For Sale
$2,250,000

59 Meadow St Rutland, VT 05701

Prime Downtown VT Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 20,341 square foot retail property, located at 59 Meadow St in Rutland, Vermont, presents a unique redevelopment opportunity. Built in 1903 and renovated in 1955, this vacant building sits on a 1.33-acre lot (APN 20041) and offers significant potential for a variety of uses. The asking price is $2,250,000, translating to $110.61 per square foot. Its prime downtown location in Rutland, VT (zip code 05701) provides easy access to local amenities and a thriving community. The property's substantial size and historic character make it ideal for adaptive reuse projects, such as a boutique hotel, cultural center, office space, or mixed-use development. The building's rich history and prominent location offer a compelling investment opportunity for those seeking a landmark property with significant upside potential. This is a chance to acquire a piece of Rutland's heritage and shape its future. The property's spacious layout and ample land provide flexibility for creative redevelopment plans, catering to a wide range of commercial ventures. Its central location within Rutland's vibrant downtown ensures high visibility and accessibility. This is a rare opportunity to acquire a substantial property in a desirable location, ready for its next chapter.

Highlights

  • 20,341 SF retail building on a 1.33-acre lot in downtown Rutland, VT.
  • Vacant building with redevelopment potential, asking price $2,250,000 ($110.61/SF).
  • Located at 59 Meadow St, Rutland, VT 05701 (APN 20041).
  • Built in 1903, renovated in 1955.
  • Ideal for adaptive reuse, such as hotel, cultural center, or mixed-use development.

Property Details for 59 Meadow St

Property type
Retail properties
Square Feet
20,341 SF
Year Built/Renovated
1903/1955
Lot Size (sq. ft)
57,935 SF

Location Insight

City
Rutland
County
Rutland
State
Vermont
Latitude
43.6027677
Longitude
-72.9867005

FAQs

What type of property is this?
Retail property - Prime Downtown VT Retail Opportunity
Where is the retail property located?
The property is located at 59 Meadow St Rutland, VT.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 20,341 SF retail building on a 1.33-acre lot in downtown Rutland, VT.; Vacant building with redevelopment potential, asking price $2,250,000 ($110.61/SF).; Located at 59 Meadow St, Rutland, VT 05701 (APN 20041).
How can I contact the broker?
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59 Meadow St
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