36 Strongs Avenue, Rutland City, VT 05701
VT-Rutland County
Key Facts
Description
Prime Downtown Commercial Opportunity 36 Strongs Avenue | Rutland, VT Step into a landmark property at 36 Strongs Avenue, the former home of the iconic four-generation Palms Restaurant. Positioned in the heart of downtown Rutland, this highly visible commercial building offers exceptional flexibility and long-term potential. Located directly across from Rutland Plaza, the property benefits from outstanding exposure to both vehicular and pedestrian traffic—an ideal setting for businesses seeking prominence and accessibility. Property Highlights: Gross Building Area: 12,444 SF Finished Space: Approximately 8,300 SF (per City of Rutland property records) Stories: Two Bathrooms: 6 half baths Construction: Circa 1900 wood-frame structure with cement block exterior walls Roof: Flat rubber membrane Lot Size: ~0.15 acres Endless Possibilities: This prime downtown asset is well suited for a wide range of uses, including: Restaurant or retail redevelopment Professional or creative office space Mixed-use or residential conversion With its historic character, adaptable layout, and unbeatable downtown location, 36 Strongs Avenue represents a rare opportunity to invest in one of Rutland’s most visible commercial corridors.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Living Area
12,444 sq ft
Lot Size
0.15 acres
Zoning
Downtown Business
Days on Market
7
MLS® Listing#
5073837
Property Features
Interior
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$13,916
Tax year 2025
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Rutland City, VT
- $308,824
- Median Listing Price
- 80
- Median Days on Market
- 1,945
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 295
- Active Listings
- This home’s price is 110% above the area median.
- Its price per sq ft is 67% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Rutland City, VT.
Location
Points of Interest in Rutland City, VT
Showing the Rutland City area map.
Nearby Schools
Christ the King School
School · 0.3 mi away
Care-A-Lot Preschool
School · 0.3 mi away
Rutland Intermediate School
Elementary · 0.6 mi away
Rutland Middle School
Secondary · 0.6 mi away
Rutland Area Christian School
School · 0.9 mi away
Northwest Primary School
Elementary · 0.9 mi away
Success School
School · 1.0 mi away
West Rutland School District
School · 1.0 mi away
Northeast Primary School
Elementary · 1.2 mi away
Stafford Technical Center
Secondary · 1.4 mi away
Rutland High School
Secondary · 1.5 mi away
Rutland Town School
Elementary · 2.5 mi away
Clarendon Elementary School
Elementary · 2.9 mi away
West Rutland School
School · 3.8 mi away
Mill River Union High School
Secondary · 3.8 mi away
Sugarwood School
School · 4.4 mi away
Proctor Junior/Senior High School
Secondary · 4.4 mi away
Proctor Elementary School
Elementary · 5.0 mi away
Barstow Memorial School
Elementary · 6.8 mi away
Lothrop School
Elementary · 7.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6 Moon Brook Drive, Rutland City, VT | $455,000 | 4 | 3 | 2,853 |
| 24 Upper Gilman Street 4, St. Albans City, VT | $459,000 | 3 | 3 | 1,464 |
| 209 State Street, Rutland City, VT | $469,000 | 5 | 3 | 3,234 |
| 249 West Ridge Terrace, Rutland Town, VT | $469,000 | 3 | 4 | 2,955 |
| 29 Victor Place, Rutland City, VT | $469,500 | 3 | 2 | 3,192 |
| 9 Clover Lane, Newport City, VT | $475,000 | 3 | 4 | 2,960 |
