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    2 Pine St Rutland, VT 05701

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    For Sale
    $475,000

    Industrial property with warehousing, storage, and residential development potential.

    Lot size:
    0.72 Acres

    Property Features for 2 Pine St

    General Information

    Lot size
    0.72 Acres

    Building Details

    Year built
    1900

    Source: Longview Commercial Real Estate Agent Andy Paluch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rutland City Commercial Development Potential

    This property, formerly Leader Evaporator, offers commercial development potential in Rutland City. Situated within both an Opportunity Zone and the newly defined TIF District, the industrially zoned property allows for a range of permitted uses. The property presents a turnkey opportunity for warehousing and storage, featuring over 30,000 square feet of space. Located within the Neighborhood Development Area, the property is exempt from Act 250 permitting for up to 75 residential units. There is potential to partner with the city of Rutland to improve walkability from the property to Downtown Rutland, including the Amtrak station.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    State Street Self Storage, West Street Self Storage, Environmental Conservation

    Location Insight

    • Map
    • Local Demand
    City
    Rutland
    County
    Orleans
    State
    Vermont
    Longitude
    -72.9834343
    Latitude
    43.6062846

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    FAQs

    What type of property is this?
    Warehouse - Industrial property with warehousing, storage, and residential development potential.
    Where is this warehouse located?
    The property is located at 2 Pine St Rutland, VT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Tremendous flexibility of permitted uses due to Industrial zoning.; - Located within an Opportunity Zone and newly defined TIF District.; - Turnkey opportunity for warehousing and storage with over 30,000 square feet.
    (802) 772-5052
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    2 Pine St Rutland, VT 05701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Pine St Rutland, VT 05701
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