Properties Near 69 Allen Street Rutland City, VT

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.

This property, nestled in a charming row of attached commercial buildings, is an ideal setup for a storefront or takeout service, benefiting from high foot traffic and excellent synergy with neighboring businesses. Seller states that the ground floor can be converted to an apartment, offering flexible usage options. A common area on the upper level provides flexible space for customer seating, if desired. Essential features include a convenient walk-in cooler and a commercial-sized gas oven with a ventilation hood. Benefit from the ease of town parking directly in front, all situated in the vibrant heart of downtown Rutland, surrounded by a thriving mix of shopping, dining, and entertainment options. This presents an exceptional opportunity for a seamless business launch.

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 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 $495/mo., Modified Gross Rent. 2nd Floor: Units 9 & 10: 747.4 sq. ft. (Gross Area, including share of common hall & restroom): Asking $40,500 for 509.6 sf #9, and $19,500 for #10,...but just $49,500 for 9 & 10 combined. Lease 9 & 10: $775/mo. + elec. The Knollwood Professional Building is an attractive 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. 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 2,000 SQ. FT. OF TRUE FLEX-SPACE!

Unit #7 is a one-room Office Condo with abundant natural light with windows on 2 sides, a shared main entry-hall waiting area and restroom, with parking conveniently in front. Attractive office bldg with wood clapboard siding and cedar shake roof. Leased on a Modified Gross Lease to a Financial Services company for $386.25 monthy, plus electricity*, through 31 March 2026. Condo Fees are $254.40/Quarter. With 3.18% interest in land and common areas, this small office is very affordable, and easy to direct clients to: "1/4 mile up from (east of) The Home Depot, on the right (South) side of US-4". *Tenant also pays their own WiFi, interior cleaning and Tenant's Insurance. Buy as an investment with a 7.5% CAP Rate, or make it your Office on Apil 1, 2026 ! Also available For Sale or Rent in same Bldg are Office Units 4, 5, 9 10 & 11.