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    31-41 Main St Rutland, VT 05701

    Sponsored
    For Lease
    Contact for pricing

    Two Suites Available, 1,470-5,500 SF

    Lot size:
    6,970 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 31-41 North Main Street in Mendon, Vermont (zip code 05701), offers a total of 6,970 square feet of commercial space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate tenants to lease individual suites. The property is classified as multi-tenant retail and is situated in Rutland County. Two suites are available, with a minimum divisible space of 1,470 square feet and a maximum contiguous space of 5,500 square feet. This allows for flexibility to accommodate a variety of business needs and sizes. The property's address is 31-41 North Main Street, offering excellent visibility and accessibility for customers. The location in Mendon, Vermont provides access to a thriving local community and convenient access to major transportation routes. This is an ideal opportunity for businesses seeking high-visibility retail space in a desirable Vermont location. The property is ready for immediate occupancy. Interested parties should inquire about lease terms and conditions. The geographic coordinates are latitude 43.6104884 and longitude -72.9736223.

    Property Features for 31-41 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,970 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,470 SF
    Space
    Available Space 2
    Size
    5,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rutland
    County
    Rutland
    State
    Vermont
    Longitude
    -72.9736223
    Latitude
    43.6104884

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    FAQs

    What type of property is this?
    Retail property - Two Suites Available, 1,470-5,500 SF
    Where is this retail property located?
    The property is located at 31-41 Main St Rutland, VT.
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    31-41 Main St Rutland, VT 05701
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    Rutland, VT 05701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31-41 Main St Rutland, VT 05701
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