List Price: $118,000 | $96 per sq.ft. Commercial
Space type Pond meadow park subdivision,   
Under Contract Date Listed Saturday Jan 21, 2023 | MLS# 4941426


Address: 198 N Main Street Rutland City VT
Listed by Ray Ault Ault Commercial Realty, Inc. RayAultVt@g.mail.com
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!
Building Type : Office

Disability Features : Access Common Use Areas | Access Parking | Access Restrooms | Bathroom w/5 Ft. Diameter | Grab Bars in Bathroom | No Stairs from Parking | Paved Parking | Zero-Step Entry Ramp

Sale Includes : Land/Building

Features
Signage: Adequate
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1974
Wood Exterior
Price Per SQ.FT. 95.93 No. of Units: 0
Building Size : 1230
Available SQFT : 1230
Building Type: Office

Exterior

InteriorBasement: Partial

Land Information

Lot size: 1.45 acres
Zoned: Gateway Business N Main S
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 245
Garage And Parking: On-Site
Road Frontage: 245
No. of Docks | 0.

UtilitiesHeating: Forced Air | Oil
Electric: 100 Amp | Circuit Breaker(s) | On-Site
Utilities: Cable - At Site
AC % | 0.

Additional Information
Docs Available : Association Docs | Deed | Plot Plan
Easement - Yes
Taxes $4,437
Assesed Value Not Reported
Schools

© 2000-2024 Big Green Real Estate
NEREN Logo
5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 23rd, 2024

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM