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Streetfront Restaurant Space
New
For Lease
$1,065/Mo

24 Wales Street #1, Rutland, VT 05701

Food-service equipment and seasonal outdoor seating complement the first-floor space, subject to permits and licensing.

Space SizeContact for details
Days on Market2

Property Features for 24 Wales Street #1

General Information

Standard status Active
Zoning DB - Downtown Business

Building Details

Year Built 1870
Listing Agency: Ault Commercial Realty, Inc.
Listed By: Ray Ault
Source: Appleisland
Added: Nov 2 Last Checked: Nov 3 at 8:12AM

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.

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Investment Insights

Based on property information with market context.

Located at 24 Wales Street in Rutland City, this 1,216-square-foot, first-floor restaurant space is part of a condominium building described as recently renovated. The unit has interior seating and streetfront access, with front-lawn table seating available in summer subject to permits and licensing. Most equipment needed to reopen a small take-out restaurant or food-service business is on site. The property was formerly a Domino’s Pizza location and is zoned DB - Downtown Business.

A major hotel is under construction across Wales Street, with work expected to continue through 2026 and most of 2027, possibly longer. On-street parking may be curtailed intermittently during construction.

Key Highlights

  • 1,216 square feet of first‑floor food‑service space
  • DB - Downtown Business zoning
  • Existing equipment for a small take‑out restaurant or food‑service business

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

NNN (Triple Net)
Lease Type

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-service equipment and seasonal outdoor seating complement the first-floor space, subject to permits and licensing.
Where is this conventional restaurant located?
The property is located at 24 Wales Street #1 Rutland, VT.
What is the lease rate?
The lease rate is $1,065/Mo.
What are key features of this property?
This property features: 1,216 square feet of first‑floor food‑service space; DB - Downtown Business zoning; Existing equipment for a small take‑out restaurant or food‑service business
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