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

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