123 Park St Rutland, VT 05701-4710
This exceptional 12,000-square-foot industrial property, located at 123 Park Street in Rutland, Vermont (05701), presents a rare opportunity. The single-tenant building, constructed in 1970 and extensively renovated in 2023, sits on a generous 1.92-acre lot, offering significant expansion potential. The building features a 14-foot ceiling height, ideal for various uses. Loading and unloading are facilitated by two loading docks and two dock-high doors, complemented by one drive-in door. Ample parking is available, accommodating 16 to 20 vehicles. The property boasts 3-phase power, making it suitable for a range of industrial applications. Its zoning is designated as industrial, allowing for flexibility in its future use. The building's central Rutland location provides excellent accessibility and visibility. This versatile space is well-suited for light manufacturing, machining, retail, showroom operations, or similar businesses seeking a spacious and well-maintained facility with ample outdoor space. The recent renovations ensure a modern and efficient workspace. This is a truly unique opportunity to acquire a prime industrial property in a desirable Vermont location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.