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Mixed-Use Property with Apartments
For Sale
Contact for pricing
Pending

87 State Street, Rutland, VT 05701

Fully equipped commercial space includes a basement and upper-level residential units.

Property SizeContact for details
Days on Market142

Property Features for 87 State Street

General Information

Standard status Pending
Property subtype Retail

Additional Details

Gross Income $20,400
Listing Agency: Watson Realty & Associates
Listed By: James Watson · License #VT 081.0000346
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:38PM

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 Watson Realty & Associates

Investment Insights

Based on property information with market context.

This mixed-use property includes a fully equipped commercial area with a full basement and two apartments on the second floor. The commercial component previously operated as a sit-down restaurant, fish market, and retail store, providing flexibility for a new business concept or combined commercial use.

The property is located at 87 State Street in downtown Rutland City, across from the Vermont District Courthouse. Its combination of commercial space and upper-level residential units creates a property with both business and housing components in a central downtown setting.

Key Highlights

  • Two second‑floor apartments
  • Full basement included
  • Fully equipped commercial space

Property Analytics

Current Use

Last Cup Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Kitchen & Bath Showroom Real Estate Agency Electrical Service Plumbing Service Garden Center 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.

Location Intelligence

Trade Area within ½ mile

1,326
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 33% Dining 32% Shops & Services 18% Apparel 15%
Walmart Superstores
71,134 visits/mo 0.3 miles
T.J. Maxx Apparel
31,454 visits/mo 0.4 miles
Starbucks Dining
19,391 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,976 visits/mo 0.3 miles
Wendy's Dining
16,884 visits/mo 0.5 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully equipped commercial space includes a basement and upper-level residential units.
Where is this mixed-use property located?
The property is located at 87 State Street Rutland, VT.
What are key features of this property?
This property features: Two second‑floor apartments; Full basement included; Fully equipped commercial space
More about this property
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