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Downtown Rutland Warehouse 2 Pine St 33,987 SF Industrial Building Rutland, VT 05701 $475,000 ($13.98/SF)
EXECUTIVE SUMMARY
The former home of Leader Evaporator, this property provides excellent commercial development potential in Rutland City. Located within an Opportunity Zone and also within the newly defined TIF District, this Industrial zoned property has a tremendous flexibility of permitted uses. Turnkey opportunity for warehousing and storage with over 30,000 square feet. Due to its location within the Neighborhood Development Area, property is exempt from Act 250 permitting for up to 75 Residential Units. Great potential to partner with the city of Rutland to enhance walkability from the property to Downtown Rutland, including the Amtrak station.
PROPERTY FACTS
| Price | $475,000 | Rentable Building Area | 33,987 SF |
| Price Per SF | $13.98 | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built | 1900 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 1.14 AC |
| Price | $475,000 |
| Price Per SF | $13.98 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.14 AC |
| Rentable Building Area | 33,987 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
1 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 540-170-13143 | Improvements Assessment | $394,300 |
| Land Assessment | $37,500 | Total Assessment | $431,800 |
PROPERTY TAXES
Parcel Number
540-170-13143
Land Assessment
$37,500
Improvements Assessment
$394,300
Total Assessment
$431,800
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Longview Commercial Real Estate
Downtown Rutland Warehouse | 2 Pine St
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