Rutland City, VT | 198 N Main Street

$118,000
MLS#: 4941426
1.45
Acres
245
Road Frontage
1,230
SQ. Feet
$4,437
Taxes
1 of 26

General Property Information

Price:
$118,000
Property Status:
Active Under Contract
County:
VT-Rutland
Agency/Brokerage:
Ray Ault
Ault Commercial Realty, Inc.

This attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE well below its City-Appraised $124,500; and FOR LEASE @ $12.18/sf, ($1,245/mo.), NNN, with Net Expenses estimated at $11.36/sf, ($1,166/mo) including heat & electric. In excellent high-traffic (15,000 ADT rounded) location with plenty of on-site parking (30 cars + or-), beautifully landscaped grounds and pastoral views across Tenney Brook picnic area. Currently configured as a 5-room dental office: reception, private office, plus smaller adjacent office/lab, storage room patient servicing office areas (3). An accessible restroom is in the common area, and a non-ADA half-bath is within the 1232 sf of subject unit. Additionally Unit C-3 shares a large well-appointed client lounge with plenty of natural light, a common break-room and an approx. 6'x8' storage closet. The Condo Owners Association re-surfaced the roof about 10 years ago, replaced the furnace, and upgraded the entry walkway, hallway and restrooms. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Owner will seriously consider all offers! Buy with as little as 15% down with SBA 504 Loan!

Property Features

Year Built:
1974
# of Stories:
Road Frontage:
245
Zoning:
Gateway Business N Main S
Acres:
1.45
Total Sq ft:
1230
# of units:
Parking:
On-Site
Basement:
Partial
Location:
Exterior Features:
Wood
Sales Includes:
Land/Building
Roof Style:
Type:
Misc:
Foundation:
Fuel:
Heating & Cooling:
Forced Air,Oil
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2023-01-21
Last Updated:
2024-12-24 20:53:49

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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