46 Diamond Run Mall Pl Rutland, VT 05701

Property Details for 46 Diamond Run Mall Pl

Lot size

77.91 lot acres

Property type

Commercial land

APN

(171) 00116-0046

APU

171001160046

Description

This exceptional 91-acre redevelopment opportunity presents a unique chance to reshape a prominent Rutland, Vermont location. Currently vacant, the former Diamond Run Mall boasts Act 250 approval, streamlining the permitting process for future development. The site's strategic location along heavily trafficked Routes 4 and 7 ensures high visibility and accessibility. Its proximity to Spartan Arena, a 38,000 square foot sports complex, further enhances its appeal. The property's adjacency to this thriving sports facility, which serves the local community and hosts the Division III Castleton Hockey Team, provides a built-in source of potential customers and foot traffic. Moreover, its location just 15 minutes from Killington Ski Resort, a major Northeastern tourist destination attracting millions annually, offers significant potential for attracting visitors and residents alike. The site is zoned for a variety of uses, including retail, housing, and hotel development, allowing for a flexible and potentially lucrative project. The existing Act 250 permit, with only minor amendments needed, significantly reduces the time and cost associated with obtaining necessary approvals. This presents a rare chance to capitalize on a prime location in Rutland, Vermont, the state's third-largest city, situated in the heart of a large regional trade area encompassing Rutland County and portions of several neighboring counties. This is a truly exceptional opportunity for a developer seeking a high-impact project in a vibrant and growing market.

Location Insight

City

Rutland

County

Rutland

State

Vermont

Longitude

-72.9633

Latitude

43.5802

CBSA code

40860

CBSA name

RUTLAND, VT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments