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34261588
34261603

45 Park Street, Rutland, VT 05701 For Sale

LP
VT VT 082.0135237
Four Seasons Sotheby's International Realty
Listed by Four Seasons Sotheby's International Realty
$350,000
11 days on market
Updated 11 days ago
Opportunity zone

4.48-ACRE INDUSTRIAL-ZONED LAND DEVELOPMENT OPPORTUNITY

Details
Property Type Land
Sub Type Residential, Commercial (+1)
Class A
Acreage 4.480
Zoning Industrial District
Investment Type Redevelopment
Sale Condition N/A

Land | 4.48 acres

Marketing description

A rare offering: a 157-year-old landmark residence set on 4.48 acres in Rutland City, carrying valuable Industrial zoning. Beyond its architectural character, this property presents a compelling investment, redevelopment, or business-use opportunity in a city location with easy access to downtown, major roadways, and employment centers (subject to City approvals and permitted uses).

PROPERTY HIGHLIGHTS

  • 4.48 acres in an Industrial zoning district — value beyond current residential use
  • Historic residence built in 1869, 14 total rooms
  • First level: 2 bedrooms, 1 bath, kitchen, living room, dining room
  • Second level: 4 bedrooms, 1 bath, kitchenette, dining room, plus 2 additional rooms
  • Enclosed porches on both levels
  • Detached classic carriage barn with workshop space and a second floor — storage, hobby, or future-use flexibility
  • Two curb cuts visible from the road
  • Expansive lot offers open space and room for future site planning
  • Convenient access to downtown Rutland, major roadways, and employment centers

INVESTMENT / REDEVELOPMENT POTENTIAL

The Industrial zoning designation opens the door to uses well beyond the current residential footprint — ideal for investors, developers, or owner-users considering a live/work setup, commercial conversion, or long-term redevelopment play. Buyers are strongly encouraged to consult with the City of Rutland Planning & Zoning Department regarding permitted and conditional uses.

CONDITION

The property retains much of its original historic character but will require a complete remodel and updating. Interior finishes are dated. Known conditions include knob-and-tube wiring, insulated piping in the basement, and evidence of prior ceiling leaks. Property is being conveyed in as-is condition, including all remaining contents.

THE OPPORTUNITY

Whether you're pursuing a distinctive historic home, a live/work concept, or a long-term redevelopment play, this property offers a rare combination of history, acreage, and future possibility.

Disclaimer: All information regarding zoning, permitted uses, development potential, and property condition is provided for general informational purposes only. Buyers are solely responsible for conducting their own independent due diligence, including but not limited to verification of zoning and permitted uses with the City of Rutland Planning & Zoning Department, inspections, surveys, and any other investigations they deem necessary prior to purchase.

Investment highlights

A rare offering: a 157-year-old landmark residence set on 4.48 acres in Rutland City, carrying valuable Industrial zoning. Beyond its architectural character, this property presents a compelling investment, redevelopment, or business-use opportunity in a city location with easy access to downtown, major roadways, and employment centers (subject to City approvals and permitted uses).

PROPERTY HIGHLIGHTS

  • 4.48 acres in an Industrial zoning district — value beyond current residential use
  • Historic residence built in 1869, 14 total rooms
  • First level: 2 bedrooms, 1 bath, kitchen, living room, dining room
  • Second level: 4 bedrooms, 1 bath, kitchenette, dining room, plus 2 additional rooms
  • Enclosed porches on both levels
  • Detached classic carriage barn with workshop space and a second floor — storage, hobby, or future-use flexibility
  • Two curb cuts visible from the road
  • Expansive lot offers open space and room for future site planning
  • Convenient access to downtown Rutland, major roadways, and employment centers

INVESTMENT / REDEVELOPMENT POTENTIAL

The Industrial zoning designation opens the door to uses well beyond the current residential footprint — ideal for investors, developers, or owner-users considering a live/work setup, commercial conversion, or long-term redevelopment play. Buyers are strongly encouraged to consult with the City of Rutland Planning & Zoning Department regarding permitted and conditional uses.

CONDITION

The property retains much of its original historic character but will require a complete remodel and updating. Interior finishes are dated. Known conditions include knob-and-tube wiring, insulated piping in the basement, and evidence of prior ceiling leaks. Property is being conveyed in as-is condition, including all remaining contents.

THE OPPORTUNITY

Whether you're pursuing a distinctive historic home, a live/work concept, or a long-term redevelopment play, this property offers a rare combination of history, acreage, and future possibility.

Disclaimer: All information regarding zoning, permitted uses, development potential, and property condition is provided for general informational purposes only. Buyers are solely responsible for conducting their own independent due diligence, including but not limited to verification of zoning and permitted uses with the City of Rutland Planning & Zoning Department, inspections, surveys, and any other investigations they deem necessary prior to purchase.

Listing Contacts

LP
VT VT 082.0135237
Four Seasons Sotheby's International Realty
Listed by Four Seasons Sotheby's International Realty

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Additional Information

Name
Leo Pond
License
VT 082.0135237
Brokerage
Four Seasons Sotheby's International Realty
Brokerage Phone
8027791147
Title
Real Estate Advisor
Brokerage Address
116 West Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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