Restaurant Space in Renovated
For Lease
$1,065/Mo
24 Wales Street, Rutland, VT 05701
Restaurant space available for rent in Rutland, Vermont.
Space SizeContact for details
Days on Market261
Property Features for 24 Wales Street
General Information
Standard status
Active
Building Details
Year Built
1870
Listing Agency:
Ault Commercial Realty (RayAultVt@gmail.com)
(802) 773-0600
Listed By:
Ray Ault
(802) 773-0600
Source:
Aultcommercial
Added: Dec 11, 2025
Changed: Aug 27
Last Checked: Aug 26 at 9:48AM
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 (RayAultVt@gmail.com)
Investment Insights
Based on property information with market context.
This restaurant space is located within a recently renovated condominium building. The site was previously occupied by a Domino's Pizza for several decades, and may still contain equipment suitable for a small restaurant or take-out business. The space could also be repurposed for other businesses permitted by zoning and condominium documents, or as a first-floor residential condominium. The upper floors of the building have been renovated into high-end residential units. A new major hotel is under construction across Wales Street, with anticipated completion in late 2026, which may temporarily affect on-street parking. The location has a bike score of 34, indicating it is somewhat bikeable, and a walk score of 51, indicating it is somewhat walkable.
Key Highlights
- Existing infrastructure for a small restaurant or take‑out business (former Domino's Pizza).
- Potential for conversion to a first‑floor residential condo.
- Located in a recently renovated condominium building.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,425
Businesses Nearby
218k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Noels Specialty Foods Catering — 1 Scale Ave, Rutland, VT 05701
- Noël's at The Franklin Events Center — One Scale Ave Suite 92, Rutland, VT 05701
- Marble Valley Kitchen & Catering — 22 Killington Ave, Rutland, VT 05701
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant space available for rent in Rutland, Vermont.
Where is this restaurant located?
The property is located at 24 Wales Street Rutland, VT.
What is the lease rate?
The lease rate is $1,065/Mo.
What are key features of this property?
This property features: Existing infrastructure for a small restaurant or take‑out business (former Domino's Pizza).; Potential for conversion to a first‑floor residential condo.; Located in a recently renovated condominium building.
