224 North Main Street Rutland, VT 5701
Redevelopment opportunity with existing restaurant, kitchen, and dairy bar.
Type:Commercial/Industrial
Property size:
36,225 SFLot size:
4.21 AcresPrice / SF:
$22/SF- Added:
- Mar 12, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 5 at 8:14 pm
Property Features for 224 North Main Street
General Information
- Standard status
- Active
- Size
- 36,225 SF
- Lot size
- 4.21 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1947
Listing agent Ray Ault
Listing office Ault Commercial Realty, Inc. (802) 773-0600
Listing date Mar 12, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ault Commercial Realty, Inc.
Overview
Redevelopment Opportunity with Restaurant Potential
This property presents a redevelopment opportunity, potentially including restoration of the existing restaurant, kitchen, and part of the dairy bar building, encompassing approximately 9,500 to 12,000 square feet. The remaining portion of the 36,225 square foot building may require demolition, although the steel frame may have salvage value. In its prime during the mid-1980s, the complex comprised three interconnected buildings: a 9,534 square foot restaurant building, a 21,111 square foot dairy building with a 2,400 square foot dairy bar, and a 5,580 square foot distribution center featuring a drive-thru truck wash/repair bay and a 3-bay garage equipped with three 12'x14' overhead doors. Additional structures on the site include a former two-story residence in disrepair near the south property line and a large Quonset storage building toward the rear north side of the property. Approximately two-thirds of the building is in serious disrepair, with roof, ceilings, and some floors collapsing. Soil contamination has been identified and registered with the State, and further testing is required. The property is located in Rutland City, VT.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Rutland
- County
- Orleans
- State
- Vermont
- Longitude
- -72.9744
- Latitude
- 43.6241
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Redevelopment opportunity with existing restaurant, kitchen, and dairy bar.
Where is this conventional restaurant located?
The property is located at 224 North Main Street Rutland, VT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Offered at 15% below August 2022 appraised value, a 21% inflation‑adjusted savings.; Significant tax assessment reduction, lowered to $770,800.; Redevelopment opportunity to restore restaurant, kitchen, and part of the dairy bar.
