Properties Near 98 Allen Street Rutland City, VT

Here is the opportunity to open your own deli or maybe a pizza shop. This building and accompanying equipment is just waiting for the right person to reopen its door. Having previously been a deli, catering operation and at one time a store.

This newer office building is perfect for a professional office space. The first floor had been used as a customer waiting room with 1 bathroom while the second story features 3 private offices and a half bath. Adding to the versatility of this space, the sellers have confirmed with the town this could also be converted to a single family home. No permits/applications have been filed for change of use.

Three-Bay Garage with 3 drive-in Bays on a 0.28-acre lot with ample parking. The bays have 8', 10' and 12' OHD's; heated office with waiting area and half-bath. The lot is fully fenced with chain-link fence and electricly operated security gate. 2 bays are equipped with lifts, including one recently installed. Excellent main route access via State Street (which is business Route 4 through the City) just 1 1/2 blocks away. Many commercial uses are possible, including automotive, storage and with conditional use permit: certain light industrial. Must inspect it to appreciate it. Just driving by it won't do. You'll want to your business here!

This 1,470.5 sq. ft. Professional Office Condominium is conveniently located across from the hospital for likely medical office use or other professional services business. Offered FOR SALE at $199,500, subject to a Lease through 27 October 2027, on a Triple Net basis. Lease Terms will be shared with qualified investor-buyers. Net expenses are estimated at about $1,200/mo., plus heat & elect. The shared basement allows for a good amount of storage space, in addition to the 1,470.5 sq. ft. There is ample parking for both staff and patients/clients. The Allen Street Commons Condominium Complex is one of the most desirable in the City of Rutland, and tends to command well above average office lease rates and sale prices per sq. ft. Owners have made available a complete Sellers Property Information Report, which includes helpful information on major components and systems, with comments on past work by various contractors.

Located in the heart of Rutland City, 98 Allen Street is a well-maintained four-unit professional office building offering a premier opportunity for owner-occupants or investors. Situated directly adjacent to Rutland Regional Medical Center, this property provides exceptional visibility and accessibility to the area’s leading healthcare hub—making it an ideal fit for medical, wellness, or professional office users. Three units are currently available for sale: Unit 2 – Approx. 1,900 SF (Second Floor)- $190,000 (SPAN 540-170-11584) Unit 3 – Approx. 2,390 SF (Second Floor)- $210,000 (SPAN 540-170-11580) Unit 4 – Approx. 1,900 SF (First Floor)- $190,000 (SPAN 540-170-11586) Each space features multiple private offices, conference rooms, and kitchenette areas, offering turnkey flexibility for a wide range of professional layouts. Formerly home to Rutland Mental Health Services, the building is well suited for continued medical use, therapy practices, or traditional office operations. Key Highlights: Prime location next to Rutland Hospital Flexible floorplans with professional finishes Excellent owner-user or investment opportunity Strong potential for healthcare-aligned tenants Whether you're looking to establish a new presence in Rutland’s core business and medical district or expand existing operations, 98 Allen Street delivers a strategic location and functional space with lasting value.

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.

This attractive Leased 1,188 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE with Net Expenses estimated at $10.10/sf, ($1,100/mo) including heat. Lease was recently renewed through July 2028. 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 7-room dental office: reception area and office, private office, plus smaller adjacent office/lab, storage room and patient servicing offices (3) and imaging area. Two accessible restrooms are in the common area, and a non-ADA half-bath is within the 1188 sf of subject unit. Additionally Unit C-2 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 made fire-safety upgrades in 2019, replaced the furnace earlier, and most windows with insulated glass 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!

MUST SELL ASAP: Suite 3 is a 6-Room, 1,068 sq. ft., (gross area), Medical Office with an efficient floor plan in Bldg 1 of the 69 Allen Street Medical Office Condominium Complex,...an attractively maintained and landscaped office bldg with ample on-site parking just 2 minute's drive from the Rutland Region Medical Center (1/4 mile up Allen Street). This office was annexed to Unit 4 in the past, but is now a separate office. It was in the process of being re-painted, but that work was suspended due to a family medical commitment. 2025 Quarterly Condo Fees are $910 rounded, and Quarterly Taxes: $1,301, for total of $2,211 Quarterly fees and taxes. DISCLOSURE: The shared restroom needs to be expanded into available adjacent space to be ADA-compliant. Appraised by the City in 2018 at $127,500, it is Listed For Sale at just $100,000 for QUICK SALE.

Attractive 1,396 sf 2nd Floor Professional Office Condominium at Pond Meadow Park in excellent high-traffic location with plenty of on-site parking (30 cars + or -), beautifully landscaped grounds and pastoral views across Tenney Brook. Currently configured as a 4-room law office: reception, conference room, large private office, plus smaller adjacent office, plus storage room. Additionally Unit C-4 shares with other Units in bldg as "Limited Common Area" a large well-appointed client lounge with lots of natural light and a common break-room. Owner successfully appealed the Property Tax Assessment from $116,100 to the current $67,500, reducing the annual tax from $4,738 to the current $2,755. Condo Association recently replaced the furnace, and upgraded the entry walkway, hallway and restrooms,...and installed insulated glass windows all around except in Unit 3. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Some office furnishings and equipment are available at an additional negotiable cost. Owner will seriously consider all offers!...Note: Although currently 2nd floor walk-up units, the Condo Association Board of Directors is on record having voted to allow either or both owners of Suites C-4 and C-5 to install at their sole expense a glass-enclosed chair lift from 1st floor to 2nd floor via the existing atrium modified to accommodate same, thereby making 2nd Floor handicapped accessible.