Rutland City Vermont Real Estate

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.
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!
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.
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.
Warehouse in a great area close to most everything , over 12000 SF in total, 3 story building, main floor is 4791 SF on Strongs Ave with an office space and bathroom, there is a fright elevator and 2 docking doors one on Strongs ave on adjacent property with deeded access, and they have the of first refusal to purchase, another docking door is in the back by price shopper parking which comes out on the first floor. this property is being used as a warehouse only it is being offered in "AS IS" condition.
Currently home to a local law firm, this building has a variety of opportunities. It is move-in ready for continued office use with recent updates to the infrastructure, and close proximity to courts, banks and other businesses. Due to the fact that the property is located within walking distance to downtown, the property is also ideal for a conversion to Airbnb, or more traditional long term residential rentals.Some lot redevelopment could provide plenty of off street parking.
This newer office building is perfect for a professional office space. The first floor had been used as a customer waiting room with 1 bathroom while the second story features 3 private offices and a half bath. Adding to the versatility of this space, the sellers have confirmed with the town this could also be converted to a single family home. No permits/applications have been filed for change of use.
This a rare opportunity for a business investment. The first floor operates as a going market selling beer, wine and other convenience store items. Large walk-in cooler for an extensive variety of local beer and wine. Th second floor has an one bed room apartment for the owner or to rent for additional income. Located on busy route 4 on the way to Killington. This truly is a great opportunity for the entrepreneur.
Free Standing one floor building currently it's 2 units but it could be divided a few spaces if desired, unit 1 is perfect for a medical office where its has over 10 offices and 2 bathrooms along with receptions area , currently it is an office for insurance leasing for $36,535 NNN annually, with 3 years lease remaining and willing to stay longer, this building is owned by them 2nd unit was used for years for a mortgage company the lease was for $6000 a year, the insurance company NPT is willing to vacate or stay for the new buyer, Great location in town and Well cared for, paved parking lot for 20+ cars.
Two multi-use building and a parking lot on one parcel of land. What a great opportunity to own two buildings on busy Woodstock Avenue/Route 4 east. Front building occupies a long-term, well established hair/nail salon. Back building offers two nice upstairs rentals- one 1 Bedroom which can come furnished and one 2 bedroom (not furnished). Retail space on the whole first floor or great office space. Separate utilities. Two new heat pumps, recently repainted, Drainage added and some minor repairs have been updated in this well maintained complex. Prime location on Route 4E; centrally located on one of Rutland's busiest streets. High visibility w/2 road frontages. The busiest east-west highway in central Vermont, on the way to the Killington-Pico Ski Resort. Ideal site for many possible commercial/retail uses. Located on the bus route.
This is a very well located Redevelopment Opportunity with possible restoration of existing Restaurant, Kitchen and part of Dairy Bar bldg covering a total of approximately 9,500 to 12,000 sq. ft. The balance of the 36,225 sq. ft. building likely needs to be razed with some salvage value of steel frame. In its Prime in the mid 1980's the complex consisted of 3 buildings joined together: A 9,534 sf Restaurant bldg, 21,111 sf Dairy Bldg including a 2,400 sf Dairy Bar, and a 5,580 sf Distribution Center with drive-thru truck wash/repair bay and 3-Bay Garage with three 12'x14' OHD's. Two other buildings on the site include a former 2-story residence (in serious disrepair) near the south property line, and a large Quonset Storage Building toward the rear north side of the property. Appraised by a VT-licensed General Appraiser for $975,000 in August 2022, it is offered at 15% below that, despite 6.2% inflation since then, for an inflation adjusted savings of 21%. Owners successfully appealed the City Tax Assessed value of approx. $1.25 million down to the current $770,800 assessed value. ABOUT 2/3rds OF BLDG IS IN SERIOUS DISREPAIR, WITH ROOF, CEILINGS AND SOME FLOORS COLLAPSING. OWNER MUST ACCOMPANY SHOWINGS OF FULL STRUCTURE beyond the restaurant space. DISCLOSURE: Soil contamination has been identified and registered with the State, and further testing needs to be done. Buyer's engineer will be asked to speak with the State engineer about the scope of contamination.
Excellent opportunity to own a meticulously maintained commercial building with a prime location on US Route 7 in Rutland City! This 15,000+ square foot building has long-term tenants in place and 3 vacant spaces ready for your own business or lease. Positive monthly NOI. It offers ample parking on a paved lot with 35+ spaces. This property is turn-key with endless opportunity!.
Welcome to the Loretto Home, a captivating 20,000 SF historic brick building located in the vibrant heart of Rutland, Vermont. This distinguished property, formerly a senior living facility owned by the Roman Catholic Diocese, offers a unique blend of historic charm and modern potential. Nestled on 1.33 acres of beautifully landscaped grounds, the Loretto Home stands as a testament to architectural elegance and timeless design. Located in the bustling downtown area, the Loretto Home is perfectly positioned to benefit from Rutland's rich community life and economic opportunities. Its proximity to local shops, restaurants, and cultural attractions makes it an ideal location for both commercial and residential endeavors.

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