Property Details

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40 Terrill Street
Rutland City, VT 05701
FOR
SALE
$90,000
Active
0.27
Acres
MLS# 5100032
Cumulative Days on Market: 118 · Includes prior listings · Currently listed since 07/15/26 · Data provided by the MLS.

Property Description

Discover the potential of this unique City lot in an established Rutland neighborhood. The property features a large, older storage building believed to have originally served as a carriage building, offering character and a variety of possibilities for its next owner. Whether you're looking to build a new home, create a workshop, or utilize the existing building for vehicle, equipment, or material storage, this property offers flexibility in a convenient location with a curb cut on East Street too. Neighborhood Business zoning may allow a variety of residential and commercial uses, making it an appealing opportunity for homeowners, entrepreneurs, investors, contractors, landscapers, tradespeople, collectors, or hobbyists seeking space for their business or personal interests. Conveniently located just minutes from downtown Rutland, you'll enjoy easy access to shopping, restaurants, schools, healthcare, and everyday amenities. Vermont's outdoor recreation is also close at hand, including skiing at Killington Resort and Pico Mountain, hiking and biking throughout the region, boating and fishing on nearby lakes including Lake Bomoseen and Lake St Catherine, and countless opportunities to enjoy the Green Mountains. Convenient travel is available via Rutland–Southern Vermont Regional Airport, with Burlington International Airport and Albany International Airport both within an easy drive. Buyer is responsible for conducting their own due diligence with the City of Rutland to verify zoning regulations, permitted uses, building requirements, utility availability, and any approvals necessary for their intended use.

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Property Highlights

Property Type
Land
Acres
0.27
Cumulative Days On Market
64

Location

City/Township
Rutland City
County
VT-Rutland
Zoning
Mixed

Property Details

Price
$90,000
Property Type
Land

Community

Local Schools

Elementary School
Northwest Primary School
Middle School
Rutland Intermediate School
High School
Rutland Senior High School

Interior Features

Interior Features

Electic
On-Site

Terms

Terms

Cumulative Days On Market
64

Taxes

Tax

Tax (Annual)
$1,844.52
Tax Assessed Value
45200.00

Heating, Cooling & Utilities

Utilities

Utilities
Cable Available, Phone Available
Sewer
Public Sewer at Street
Water Source
Public Water at Street

Lot

Acres
0.27
Lot Size Area Sq Ft
11,761
Lot Features
Neighborhood, Near Public Transit, City Lot, Corner Lot, Level, Sidewalks
Number of Lots
1
Road Frontage
Public
Listing Data last updated 09/20/2026 07:40 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 20-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

3 days ago
Property information last updated
67 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 118 days (includes prior listings) · Currently listed since July 15, 2026. Data provided by the MLS.

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