Listing courtesy of Ray Ault, Ault Commercial Realty, Inc. RayAultVt@g.mail.com


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

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

1974

1,230 sqft

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!


Status:

Pending

Type:

Commercial

Zoning:

Gateway Business N Main S

Frontage:

245

Heating:

Forced Air, Oil

Parking:

On-Site

Acreage:

1.45

Est. Taxes:

$4,437

Assessment

$124,500

Construction

Wood Exterior

MLS #:

4941426


Community Info

School Info

Walk Score

Mass Transit

Yelp