Loretto Home | 59 Meadow St
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Loretto Home 59 Meadow St
20,341 SF Flex Building Rutland, VT 05701 $1,950,000 ($96/SF)
Investment Highlights
- Fully Sprinkled
- 40+ Parking Spots
Executive Summary
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. Whether envisioned as a boutique hotel, a cultural center, office space, or a mixed-use development, the Loretto Home provides endless possibilities for transformation while retaining its historic essence. Embrace the opportunity to own a piece of Rutland's history. This extraordinary property is not just a building; it's a legacy, ready to be reimagined for future generations. Contact us today to explore the potential of this historic treasure in the heart of downtown Rutland.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,950,000 | Rentable Building Area | 20,341 SF |
| Price Per SF | $96 | No. Stories | 4 |
| Sale Type | Owner User | Year Built/Renovated | 1903/1955 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Lot Size | 1.33 AC |
| Price | $1,950,000 |
| Price Per SF | $96 |
| Sale Type | Owner User |
| Property Type | Flex |
| Lot Size | 1.33 AC |
| Rentable Building Area | 20,341 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1903/1955 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 540-170-20041 | Improvements Assessment | $3,136,100 (2023) |
| Land Assessment | $81,600 (2023) | Total Assessment | $3,217,700 (2023) |
PROPERTY TAXES
Parcel Number
540-170-20041
Land Assessment
$81,600 (2023)
Improvements Assessment
$3,136,100 (2023)
Total Assessment
$3,217,700 (2023)
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Kendra Kenney -
Pomerleau Real Estate
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Loretto Home | 59 Meadow St
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