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Historic Office Building with Apartments
For Sale
Contact for pricing
Pending

92 Grove St, Rutland, VT 05701

Historic two-story building currently configured as office space with two attached apartments.

Property SizeContact for details
Days on Market119

Property Features for 92 Grove St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Traffic Count 5,500 vehicles/day
Multifamily Units 2

Building Details

Stories 2
Listing Agency: Franzoni Real Estate Company
Listed By: Betsy Franzoni · License #VT
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Aug 7 at 11:02AM

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 Franzoni Real Estate Company

Investment Insights

Based on property information with market context.

This historic property combines character-rich interior details with a practical mixed-use layout. It is currently set up as a commercial office with two attached apartments, including a large reception area, an employee break room, and multiple offices with restrooms on both levels. The office portion includes four offices and a bath on the first floor, with three additional offices and a full bath on the second floor. The apartments are located off the back of the building, with one downstairs and one upstairs. Original features noted include parquet floors, detailed woodwork, marble carved fireplaces, pocket doors, and an ornate primary stairway.

The building is located on a busy, tree-lined street in the heart of Rutland City, about two blocks from downtown. A reported average annual daily traffic rate of 5,500 supports steady visibility.

An assessment by Efficiency VT was completed, with subsequent improvements including insulating, replacement windows, a new buderas furnace, and four heat pumps to provide additional heating and air conditioning.

Key Highlights

  • Historic two‑story building currently configured as commercial office space with 2 attached apartments
  • Office layout includes large reception, employee break room, 2 large offices, and a bath (1st floor)
  • Second floor office space features 3 additional offices plus a full bath

Property Analytics

Current Use

NewStory Center Social Service Agency Valente & Company CPAs, ... Tax Preparation Mc Farren Charlene ... Accounting Firm Willhaus Wayne M ... Accounting Firm

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Electrical Service Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
5,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

Demographics for 05701, VT

20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Historic two-story building currently configured as office space with two attached apartments.
Where is this duplex located?
The property is located at 92 Grove St Rutland, VT.
What are key features of this property?
This property features: Historic two‑story building currently configured as commercial office space with 2 attached apartments; Office layout includes large reception, employee break room, 2 large offices, and a bath (1st floor); Second floor office space features 3 additional offices plus a full bath
More about this property
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