Rutland City VT For Sale $1,950,000

List Price:$Commercial Property
Price Change! reduced by $300,000
down 15% on November 1st 2024
$1,950,000 | $96 per sq.ft.
Under Contract 59 Meadow Street Rutland City VT | Space type
MLS# 4997552
Listed by Kendra Kenney Pomerleau Real Estate on May 28th 2024
DESCRIPTION
Welcome to the Loretto Home, a captivating 20,000 SF historic brick building located in the vibrant heart of Rutland, Vermont. This distinguished property, formerly a senior living facility owned by the Roman Catholic Diocese, offers a unique blend of historic charm and modern potential. Nestled on 1.33 acres of beautifully landscaped grounds, the Loretto Home stands as a testament to architectural elegance and timeless design. Located in the bustling downtown area, the Loretto Home is perfectly positioned to benefit from Rutland's rich community life and economic opportunities. Its proximity to local shops, restaurants, and cultural attractions makes it an ideal location for both commercial and residential endeavors.
Sale Includes : Building
Management Expense-| $0
Insurance Expense -| $0
Net Income| 0
Gross Income| 0
Price per SQFT | 95.87
CONSTRUCTION
Brick Exterior
Price Per SQ.FT. 95.87
Year Built: 1903
Sprinkler | Dry.
Roof: Membrane | Asphalt Shingle
Utilities: Cable
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 1.33 acres
Zoned: Mixed Residential)
Flood Zone: Unknown
ADDITIONAL INFORMATION
Taxes $1 | Assesed Value $0 in

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