$ 118,000
198 N Main ST #C-3 Rutland City, VT 05701
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Listed by Ray Ault • Ault Commercial Realty, Inc. • RayAultVt@g.mail.com
$ 118,000
Est. payment /mo
Under Contract
198 N Main ST #C-3 Rutland City, VT 05701
1,230 SqFt
UPDATED:
10/10/2024 07:39 PM
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
