List Price:$Commercial Property $475,000 | $14 per sq.ft. Under Contract
2 Pine Street Rutland City VT | Space type MLS# 5037918
Listed by Andy Paluch Longview Commercial Real Estate on
April 24th 2025
DESCRIPTION
The former home of Leader Evaporator, this property provides excellent commercial development potential in Rutland City. Located within an Opportunity Zone and also within the newly defined TIF District, this Industrial zoned property has a tremendous flexibility of permitted uses. Turnkey opportunity for warehousing and storage with over 30,000 square feet. Due to its location within the Neighborhood Development Area, property is exempt from Act 250 permitting for up to 75 Residential Units. Great potential to partner with the city of Rutland to enhance walkability from the property to Downtown Rutland, including the Amtrak station.
Sale Includes : Land/Building Management Expense-| $0 Insurance Expense -| $0 Net Income| 0 Gross Income| 0 Price per SQFT | 14.00
CONSTRUCTION
Price Per SQ.FT. 14.00 Year Built: 1900 Basement: Concrete Floor
Roof: Membrane | Metal Road Frontage: 430 Utilities: Cable at Site No. of Docks | 0. AC % | 0.
LAND INFORMATION
Lot size: 0.72 acres Zoned: Industrial) Flood Zone: No Road Frontage: 430