274 South Main St, Rutland Town, Vermont
Green Mountain Credit occupies rear building with drive through. Short term tenant in repair shop.
Marketing description
**FOR SALE** **67 US ROUTE 7 SOUTH, RUTLAND TOWN, VT 05701** Exciting retail property opportunity in Rutland Town! This commercial space features a 2,185 SF lease to Gr. Mt. Credit Union, offering a steady income stream. With a prime location in the heart of the Regional Commercial Business District at a signalized intersection, this property benefits from high traffic exposure of 25,521 ADT. A generous lot size of 0.55 acres enhances the property's potential for redevelopment. Rutland Town's lack of zoning ordinances means effortless development possibilities for this property. Don't miss out on this fantastic chance to invest in a versatile property in a bustling area with no current zoning restrictions. Priced at $925,000, this property is a lucrative opportunity for savvy investors looking to capitalize on the thriving Route 7 corridor market.
Investment highlights
Corner lot on lighted intersection with existing tenant and rent flow while new owner considers redevelopment for a business seeking high traffic retail exposure. Banks, credit unions, coffee shop, fast food restaurants, oil and auto service just some of the uses that would thrive in this high traffic location.
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