59 Meadow St Rutland, VT 05701
- Commercial real estate
- 20,341 SF
- 1.33 lot acres
Current Use by Public Records
- Loretto Home / Nursing Home / Non-Profit Organization
- Monsignor Thomas Connor Memorial Park / Park
Property Details for 59 Meadow St
- Year built
- 1903
- Lot size
- 1.33 lot acres
- Property size
- 20,341 SF
- Property type
- Commercial real estate
- APN
- 20041
Description
This exceptional 20,341 square foot retail property, located at 59 Meadow St in Rutland, Vermont, presents a unique redevelopment opportunity. Built in 1903 and renovated in 1955, this vacant building sits on a 1.33-acre lot (APN 20041) and offers significant potential for a variety of uses. The asking price is $2,250,000, translating to $110.61 per square foot. Its prime downtown location in Rutland, VT (zip code 05701) provides easy access to local amenities and a thriving community. The property's substantial size and historic character make it ideal for adaptive reuse projects, such as a boutique hotel, cultural center, office space, or mixed-use development. The building's rich history and prominent location offer a compelling investment opportunity for those seeking a landmark property with significant upside potential. This is a chance to acquire a piece of Rutland's heritage and shape its future. The property's spacious layout and ample land provide flexibility for creative redevelopment plans, catering to a wide range of commercial ventures. Its central location within Rutland's vibrant downtown ensures high visibility and accessibility. This is a rare opportunity to acquire a substantial property in a desirable location, ready for its next chapter.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rutland
- County
- Rutland
- State
- Vermont
- Longitude
- -72.9867005
- Latitude
- 43.6027677
