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Streetfront Restaurant With Patio
New
For Lease
$11 SF/Yr CAM $956 /USD/MO

24 Wales St Unit 1, Rutland, VT 05701

First-floor space in a renovated condominium with outdoor table seating and a compact interior dining area.

Space Size1,162 SF
Days on Market7

Property Features for 24 Wales St Unit 1

General Information

Standard status Active
Size 1,162 SF
Net Rentable 1,162 SF
Lease Type NNN

Space & Availability

Available Space 1,162 SF
Contiguous Space 1,162 SF
Space Use Restaurant

Lease Terms

Lease Rate $11 /USD/SF/YR
Total Rate $2,000
Monthly Rent $1,065
Rent per SF/Year $11
CAM $956 /USD/MO

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Utilities to Site Yes

Amenities

patio seating

Building Details

Year Built 1870
Tenancy Multi
Listing Agency: Ault Commercial Realty, Inc.
Listed By: Ray Ault
Source: Carolslocum
Added: Aug 23 Changed: Aug 28 Last Checked: Aug 28 at 7:51PM

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.

Investment Insights

Based on property information with market context.

The first-floor commercial condominium at 24 Wales Street #1 provides a street-facing restaurant layout with patio table seating and a small interior seating area. The space is currently operating as a restaurant and was previously used for many years as a Domino’s Pizza location.

The property is in Rutland City’s downtown area and carries DB - Downtown Business zoning. The condominium building was originally constructed in 1870 and has undergone renovation, with residential units occupying renovated space above the commercial level.

Key Highlights

  • Street‑facing first‑floor restaurant space with patio table seating
  • Located at 24 Wales Street #1, Rutland City, VT 05701
  • DB - Downtown Business zoning

Property Analytics

Current Use

Branchaud Matthew S Law Firm Eugene Rakow PC Law Firm McCamley & Branchaud, P.C. Law Firm KCM Dental Ceramic ... Dental Office Watulak Gary W Physician

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Electrical Service Butcher Carpet & Flooring Store HVAC Service

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,425
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 33% Dining 32% Shops & Services 18% Apparel 15%
Walmart Superstores
71,134 visits/mo 0.1 miles
T.J. Maxx Apparel
31,454 visits/mo 0.2 miles
Starbucks Dining
19,391 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,976 visits/mo 0.1 miles
Wendy's Dining
16,884 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - First-floor space in a renovated condominium with outdoor table seating and a compact interior dining area.
Where is this conventional restaurant located?
The property is located at 24 Wales St Unit 1 Rutland, VT.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Street‑facing first‑floor restaurant space with patio table seating; Located at 24 Wales Street #1, Rutland City, VT 05701; DB - Downtown Business zoning
More about this property
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