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MLS No. 4030773

Price: $1,695,000


Rutland City, VT 05701

General Property Information

Price: $1,695,000
County: Rutland
Agency/Brokerage: Ault, Ray
Ault Commercial Realty, Inc.
The USDA Forest Service has been a tenant since 1993, and is in the 3rd year of the latest 5-yr renewal (with early-out option at EOYr 4). Ample paved parking on-site. Two deeds in: Bk 261, Pgs 76-78, and Bk 292, Pgs 329-334. 4 of 5 HVAC roof units are recently new, and the parking lot has been re-sealed. A great 1031 replacement income property! Priced at a 9.0% Cap Rate using 7.5% vacancy and 2.5% capital reserve assumptions.

Property Features

Year Built: 1983
# of Stories: 1
Road Frontage: 342
Zoning: GtwyBusinessNMS
Acres: 1.54
Total Sq ft: 17972
# of units: 1
# of Parking Spaces: 90
Parking: 21+ Spaces, Garage, On Site, Paved, Unpaid
Utilities: Public Sewer, Public Water
Basement: None
Location:
Exterior Features: Stucco, Wood / Wood Siding
Sales Includes: Land/Building
Roof Style: Membrane, Other
Type: Free Standing Building, Office Building
Misc:
Foundation: Poured Concrete, Slab W/FrstWall
Fuel: Propane
Heating & Cooling: Central AC, Hot Air, Hot Water, Multi-Zone
Floors: Carpeted, Concrete
Financing: Conventional
© 2013 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice.



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