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- LoopNet Team
599 US Route 7 S
Rutland, VT 05701
Retail Property For Sale
Investment Highlights
- 25,000 cars per day drive pass this highly visible property
PROPERTY FACTS
Amenities
- Restaurant
- Air Conditioning
About 599 US Route 7 S , Rutland, VT 05701
Currently a Ground Round restaurant and formerly a Ponderosa. This stand alone property has a huge parking lot which had been approved for a 2nd building to be built of approximately 5,000 SF. The previous owners decided not to build after getting all approvals. Not sure the status of the approvals. Assume that you will have to re-apply for approvals. The subject property was also almost subdivided and an acre of the property was going to be sold to a potential development of a retail store. There are a lot of opportunities available to an investor or national tenant. Current property owners operate the Ground Round and are looking to retire.
PROPERTY TAXES
| Parcel Number | 543-171-10859 | Improvements Assessment | $599,400 |
| Land Assessment | $628,000 | Total Assessment | $1,227,400 |
PROPERTY TAXES
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