Rutland City, VT | 293 North Main Street

$150,000
MLS#: 5105608
0.35
Acres
77
Road Frontage
0
Sq Ft
$6,664
Taxes
Restore Properties
Hair Salon on the first floor and an income producing apartment on the second floor on a busy city street. The hair salon offers a fully equipped salon ready for your business. The first floor contains two wash stations, two dryers, two chairs, two other rooms can be used for massages, facials, manicures, pedicures or other personal care services. There is a six car parking lot on site making a perfect setup for your business. All this and income from the one bedroom apartment above to help pay your mortgage. The property also can be reimagined as a two unit residential, retail or a combination of both.
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 1,470.5 sq. ft. Professional Office Condominium is conveniently directly across from the hospital (RRMC) for likely medical office use or other professional services business. Asking Price was just reduced by $20,000 to $205,000, yielding a 9.65% Cap Rate! Offered subject to a Lease through 14 Oct 2027, on a Triple Net basis. (However, Tenant is willing to move earlier for Buyer's business or a replacement tenant, as they have outgrown this 8-room space they otherwise love!) Base Rent for the year starting 15 Oct 2027 is $1,720.00/mo., or $14.00/sf, NNN. Net Expenses, paid monthly by Tenant as "Additional Rent" is about $1,400.00/mo., or $11.75/sf, plus tenant pays direct to vendors: electric, WiFi, Tenant's Insurance and interior cleaning. Ample parking at your door is a big plus!...as is an attractive vegetation-enclosed lunch-break table in fair weather. The Commons Office Condo complex is one of the most desireable in the City, and tends to command well above avg office lease rates and sale prices. See Sellers Property Info Report for 12-pg Q&A on systems serving Unit C-5.
Business Only. This maybe purchased two ways assets only or business and assets. Checkout this great opportunity to own a well established gymnastic business. Sale includes equipment and the name Head Over Heals that was established over 30 years ago. New owners will have to negotiate a lease or move to a new location.
Great opportunity for your next business venture! Located on the outskirts of Rutland City in a high-traffic area, this 3,240-square-foot commercial property offers excellent visibility and a generous lot of approximately one-third of an acre. Formerly operated as a dry cleaner, the property offers a unique opportunity for an owner-user, investor, or entrepreneur looking to bring a new business to the area. The lot is exceptionally deep, providing plenty of room for parking, expansion, storage, or other possibilities, subject to local approvals. With its convenient location, substantial square footage, and tons of potential, this property is ready for your vision. Bring your ideas and explore the possibilities!
This attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE at $132,500 and FOR LEASE* @ $12.32/sf, ($1,265/mo.), NNN, with Net Expenses estimated at $10.71/sf, ($1,100/mo) including heat. 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 recently 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! *For Lease subject to existing tenancy agreeing to an early termination to be negotiated.
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.
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!

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