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500 US Route 7 S

19.43 Acres of Commercial Land Offered at $2,700,000 in Rutland Town, VT 05701

Executive Summary

For sale is a prime commercial property located at 500 US Route 7 S, Rutland Town, VT 05701. This strategically positioned real estate offers high visibility and easy access along a major thoroughfare, making it an ideal site for a range of business ventures. The property encompasses a generous lot with ample parking and versatile space, well-suited for retail, office, or light industrial use. Its proximity to key local amenities and high traffic volume ensures excellent exposure and accessibility. With its robust infrastructure and potential for various business applications, this property represents a valuable investment opportunity in the thriving Rutland Town area.

Attachments

RealNex Rutland

Property Facts

Price $2,700,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 19.43 AC

1 Lot Available

Lot

Price $2,700,000
Price Per AC $138,960
Lot Size 19.43 AC

Zoning: None Lot Size Acres: 19.43 Road Frontage Length: 1300 Feet Water & Sewer: Available for hookup at street Area Description: Business District, In Town, Near Shopping, Other, Rural, Near Hospital Traffic Count: 19,551

Description

This gateway parcel is one of the most visible properties in Vermont. Located in the Town of Rutland which does not have local zoning but does have access to needed infrastructure such as municipal sewer & water and power, etc. Both residential and commercial uses of the property are allowed with State Land Use Permits. Access is at a traffic-controlled intersection on Route 7, Vermont’s only highway on the west side of Vermont. Traveling north to south form the Canadian border to the New York City area. The frontage on Route 4, a major highway connecting Vermont to upstate New York and New Hampshire, adds to its unique position in the market. Killington Ski Resort and Okemo Ski Resort contribute to a strong retail, lodging and restaurant market. While the railroad, trucking and industrial base provide for a strong economic base. The Rutland area is considered to be Vermont’s up and coming regions and the second largest market in Vermont.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
543-171-12461
Land Assessment
$1,260,700
Improvements Assessment
$0
Total Assessment
$1,260,700

zoning

Zoning Code None
None
  • Listing ID: 31622062

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 500 US Route 7 S, Rutland Town, VT 05701

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