Properties Near 734 US Route 4 East Rutland Town, VT

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Suite 5 is a 1492 Sq. Ft. Medical Office Condo in Bldg 1, conveniently located just down the road from the Regional Hospital. 69 Allen Street Professional Office Condominium has recently had the bldg exteriors all re-painted, the roofs re-shingled, the grounds re-landscaped and the driveways and parking recently re-paved. Office has an air-lock entry with coat racks (ideal in winter), Large reception and waiting room, 2 storage closets, 3 exam rooms and two private offices (with exterior exit from larger private office). Although Appraised by the City at $92,400, this reflects the previous owner appealing the then City Appraisal of $154,000 down to reflect its age, dated decor and that it was sold from an estate. So its price is quite competitive in todays market! Net Expenses estimated at $6.25/sf, plus ht & elect.
Medical Office Condominium of 1,500 sq ft on Ground Level of Bldg 2. Very good medical office layout with reception area, receiving office, private office, 3 exam rooms, lab and 2 half-baths. Although Deed recites Unit 6, Condo Association designates this as Suite 8. Shared parking is available on a first-come, first-served basis. Prospective buyers should read the Declaration of Condominium and all amendments thereto, and the Condo Association By-laws and all amendments. The Association has invested significant monies in building maintenance and new paved parking in 2019. Heating system is a common furnace but with separate zones for each condo unit. Each Unit has its own electric meter with GMP.
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!
FOR SALE: Three Professional Office Condominium Units: Unit 4, Main Floor 311 sq. ft. 1 Rm, private restroom: $37,500...Unit 9, 2nd Floor, 506 sq. ft. 1-Rm, (divisible into 2): $40,500...Unit 10', 2nd floor, 241.7 sq. ft., 1 Rm, shared restroom: $19,500...offered in 2 combinations: All 3 Units: 1,059 sq. ft: $87,500....(More than 10% off their combined prices!)...Or 9 & 10, about 75% of 2nd Floor, with 747.7 sq. ft: just $49,500......9 & 10 share a stairway, hallway and bath with Unit 11, (252 sf, also for sale at $19,000) ............FOR LEASE: Unit 9: $695/mo., + Elec, WiFi, interior cleaning and Tenant's insurance;... Unit 10: $335/mo., + the same above expenses;...Units 9 & 10 as a 2-room office for $775/mo., + above expenses....The Knollwood Professional Building is an attractive wood frame 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking (30 spaces,...1 per 152 sq. ft. of office space) makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to and from Killington and Pico Ski Resorts. ...Disclosures: Water from the on-site well tests slightly silted, and so office occupants are advised in not to drink the tap water, and to use bottled water for drinking and coffee making...Electric Service Main is 400 Amp....Review the Knollwood 1st and 2nd Floor Plans to better understand the above offerings for Sale or Lease.
Don’t miss the opportunity to purchase this affordable office space in an extremely well-maintained building. The association consist of 5 office spaces with quarterly fees of $2000 per unit, which include cleaning services of the common areas, common area supplies, common electricity, fuel oil, property management, exterior maintenance, trash removal, and water and sewer. This set up gives you the ease of running your business without having to manage all of the monthly overhead expenses. The 1230 sqft space is currently operating as an optometry office and consists of a lobby and reception area, 2 exam rooms, special testing room, optical room, an office, and storage space. There are two shared bathrooms just outside the office, 2 shared common areas, one of which makes a great break area or space for office gatherings. Showings on Saturdays or Sundays, some Fridays before noon.

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