198 N Main ST #C-3 Under Contract Save Request In-Person Tour Request Virtual Tour
Rutland City,VT 05701
Key Details
Property Type Commercial
Sub Type Office
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,230 sqft
Price per Sqft $95
MLS Listing ID 4941426
Year Built 1974
Annual Tax Amount $4,437
Tax Year 2024
Lot Size 1.450 Acres
Acres 1.45
Property Description
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!
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Gateway Business N Main S
Body of Water Stream
Rooms
Basement Entrance Interior
Basement Partial
Interior
Heating Oil
Inclusions Land/Building
Exterior
Garage On-Site
Garage Description On-Site
Utilities Available Cable - At Site
Waterfront Description Yes
View Y/N Yes
Water Access Desc Yes
View Yes
Building
Sewer Public