Properties Near 734 US Route 4 East Rutland Town, VT

Suite 5 is a Leased Investment Opportunity: a 1492 Sq. Ft. Medical Office Condo in Bldg 1, conveniently located just down the road from the Regional Hospital. 69 Allen Street Professional Office Condominium has recently had the bldg exteriors all re-painted, the roofs inspected, the grounds re-landscaped and the driveways and parking recently re-paved. Office has an air-lock entry with coat racks (ideal in winter), Large reception and waiting room, 2 storage closets, 3 exam rooms and two private offices (with exterior exit from larger private office). Although Appraised by the City at $92,400, this reflects the previous owner appealing the then City Appraisal of $154,000 down to its 2020 valuation. Under the current Lease with 4 years remanining in it term, Tenant has freshly painted the walls and installed new carpeting and vinyl floor coverings. So its price is quite competitive in todays market! Net Expenses estimated at $6.50/sf, plus ht & elect.

Attractive 3-Room 730 sf Office Condominium on main floor of Knollwood Professional Bldg. For Sale or Lease: ($1,050/mo., modified gross rent: tenant pays electricity, telecom, tenant`s insurance and interior cleaning) A great park-at-your door professional office with oak-trimmed entry. Handicapped accessible*. Rear deck facing brook. A real gem of an office and location! Also available: Adjacent Unit 4, a 1-Rm 310 sf Office with private 1/2 bath For Sale or Lease: $37,500, or $495/mo., modified gross rent. (See: ML#4976249); Combine Units 4 & 5 for 1,040 sf ! DISCLOSURES: 1. * Although believed handicapped accessible because wheelchair users have used the common half-bath, with proper toilet height, grab bars and fin-faucets, serving the main floor of the center core of bldg, it does not meet current ADA rules requiring a 5-ft turnaround area in front of the toilet; and Property Mgt will remove the under-sink cabinet to comply; 2. The Water Supply, via a drilled well (see Well Report in linked documents); water quality tested July 2025, was found to have too high a pH (alkaline, the opposite of acidic), is fine for washing hands and dishes; and while a treatment system could be installed, the Knollwood Bd of Directors polled owners who said they prefer bottled; So Owners and Tenants are advised to use bottled water; 3. Fireplace in the middle room, unused in 30+ years, so prospective buyer or tenant should have that inspected by a fireplace chimney professional.

FOR SALE or LEASE: Three Professional Office Condominium Units, individually or in any combination at significant discounts: 1st Floor Unit 4 comprises the 311 sq. ft. East Wing of Bldg, being 1 office with private half bath: SALE: $37,500, or LEASE for $580/mo., Modified Gross Rent. 2nd Floor: Units 9 & 10: 747.4 sq. ft. (Gross Area, including share of common hall & restroom): Asking $31,500 for 509.6 sf #9, and $15,000 for #10,...but just $43,500 for 9 & 10 combined. Lease 9 & 10: $775/mo. + elec. All 3 Units for just $76,500! The Knollwood Professional Building is an attractive 4,565 sq. ft. office building with 3 levels. Ample on-site paved parking (30 spaces,...1 per 152 sq. ft. of office space) a perfect location for professionals and businesses wishing to be on a main route (US-4) on the East side of Rutland, the main access to Killington Ski & Golf Resort and Pico Ski Resort. ...Disclosures: The Water Supply, via a drilled well (see Well Report in linked documents); water quality tested July 2025, was found to have too high a pH (alkaline, the opposite of acidic), is fine for washing hands and dishes, but use of bottled water is recommended; ....(Review the Knollwood 1st & 2nd Floor Plans). Also offered for Sale or Lease by a different owner is adjacent 1st floor Office Unit 5 (See ML#4978296),...Currently available For Sale at $87,600.00 and For Lease at $1,050.00/mo., Modified Gross Rent. KNOLLWOOD NOW OFFERS OVER 1,500 SQ. FT. OF TRUE FLEX-SPACE!