Rutland City, VT | 92 Center Street

Where business history meets built-in income potential, this distinctive3,042-square-foot commercial property offers a rare chance to acquire an established bakery setting with a three-bedroom apartment above. The main level has long served as a bakery, pairing recognizable local presence with the practical infrastructure needed to keep production moving. Equipment is included in the sale, helping a new owner step into the space with fewer startup hurdles. Whether continuing the bakery tradition, introducing a fresh culinary concept, or adapting the premises for another venture, the flexible footprint invites an entrepreneurial next chapter. Upstairs, a second-level three-bedroom, two-bathroom apartment adds valuable versatility and rental income potential. It may support an owner-occupant arrangement, provide housing connected to the business, or serve as a separate long-term rental, subject to applicable requirements. The basement delivers abundant storage for supplies, inventory, and seasonal items. Two outbuildings expand the property's utility, including one configured as a walk-in cooler. That uncommon feature is a meaningful advantage for food-service operations, growers, caterers, or other businesses requiring cold storage. Beyond the property, Main Street Park is moments away, while Marble Valley Regional Transit makes connections around Rutland convenient. Killington Ski Area adds a renowned four-season destination within driving reach, helping place the business near both everyday activity and regional recreation. Bring your business plan, explore the income possibilities, and arrange a private tour to see how this one-of-a-kind property can work for you.

HISTORIC CHARACTER. MODERN RENOVATION. TURNKEY APARTMENTS. This handsome circa-1900 building has been thoughtfully transformed from professional offices into five distinctive one-bedroom apartments, combining modern, low-maintenance living with the craftsmanship and character of the original building, being sold "as is". Original hardwood floors, tall ceilings, beautiful woodwork and trim, and large windows, offering abundant natural light, have been preserved throughout. No carpeting. Each apartment features a brand-new kitchen and bath, with a clean, bright, and comfortable feel. The renovation goes well beyond cosmetics, with updated wiring, plumbing, central air conditioning, propane hot-water baseboard heat, an air ventilation system, and a fire alarm system. Excellent off-street parking adds to the convenience. Four of the five apartments are currently rented, with the fifth needing finish-work to complete.This creates an attractive opportunity for an investor seeking to own a substantially completed income-producing property, or an owner-occupant who would like to live in a beautifully renovated 5th apartment while receiving rental income from the other four units. Located just a few blocks from downtown Rutland, with convenient access to shopping, dining and recreation. An easy drive to world class Killington-Pico ski resorts and Lake Bomoseen and Lake St Catherine too. Turnkey, beautifully renovated and filled with character—92 Center Street is not your typical five-unit property. A must see!

Commercial Building currently used as professional offices. Adjacent to Rutland City Hall across from the Rutland City Police Station. Quality Design with updated features in excellent condition. In the heart of downtown Rutland City. Walking distance to Amtrack and bus stations. Become part of the Rutland Revitalization. Great re-development opportunity for residential use. Owners will consider a long term lease on this property.