198 N Main ST #C-3, Rutland City, VT 05701 – 4941426

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Lisa Sevajian

lisa.sevajian@compass.com +1(978) 457-3406

Listed by Ray Ault • Ault Commercial Realty, Inc. • RayAultVt@g.mail.com

$ 118,000

Est. payment -/mo

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Under Contract

198 N Main ST #C-3 Rutland City, VT 05701

1,230 SqFt

UPDATED:

12/24/2024 08:53 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

Inclusions Land/Building

Exterior

Parking Features 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

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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Lisa Sevajian

198 N Main ST #C-3 Rutland City, VT 05701

Key Details

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Interior

Exterior

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198 N Main ST #C-3