Large corner lot zoned Gateway Business located on South Main Street where US Routes 4 and 7 run together. 137 feet of frontage on South Main Street and 126 feet of frontage on Clover Street. Masonry commercial building of 3,912 square feet, entry room , offices within the building and 2 half bathrooms; Full exposure to the highest traffic count in Rutland County. Many potential commercial uses with on site parking.
Great possibility for a business with living area above. Currently a Beauty shop with rented spaces. Very good parking. Zoned for most any kind of business. One bedroom and full bath up, fully equipped kitchen. Owner is a licensed Realtor.
This 1,470.5 sq. ft. Professional Office Condominium is conveniently located within walking distance of the hospital for likely medical office use or other professional services business. Offered FOR SALE at $154,500 (more than 15% below city appraised value!), Leased through Sept. 2023 on a Triple Net lease. Net expenses are estimated at about $800/mo., plus heat & elect. The shared basement allows for a good amount of storage space, not included in the sq. ft. stated above. 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.
Three Class A downtown office condominiums fully occupied and sellers want to lease back these units at $8.00 per sq. ft. per year Triple Net. Excellent investment opportunity with a 10% Cap Rate. Located above Table 24 restaurant and Dominos Pizza and within walking distance of court houses, banks, shopping and the train to NYC.
Sometimes Opportunity knocks twice. This is a great opportunity to own a thriving business and grow it. Owners are retiring and would love to see the business continue for its customers. Visible and viable location between Route 7 and the Hospital. Established 24-seat restaurant but most recently a take out/curb side restaurant & deli. Equipment included. Clean as a whistle. Double lot, so the opportunity to build a residence to live in, exists.
Extremely nice office building with second floor apartment on large level.57 acre lot.Two parking areas, great exposure and in the heart of physicians offices and Rutland Regional Medical Center.The first floor offers 4 individual offices with a central waiting room receptionist area, kitchenette and half bath. Each office is currently rented for $442 a month. The second floor consist of a 2 bdrm, 1 bath apartment that rents for $650 a month. The property has vinyl siding and asphalt shingle roof in 2015. There are two boilers and two electrical panels. The perfect opportunity to move your business in to the main floor and still receive rental income from the other tenants.
Here is very well maintained multi purpose commercial/residential property. Upstairs there are two updated apartments. Both units have an open concept layout. The front unit has 1 bedroom and the back unit has 1 bedroom with a large walk in closet and a second room that is used as an office. The entire first floor was previously a small restaurant consisting of 50 seats, but is a great location for a business of any kind. The building offers many opportunities, you could purchase it and live above your business or you could easily change the use of the first floor to an apartment, all that it should need is a shower. There is even enough space to renovate the first floor into 2 apartments if desired.
Amazing 25,500 Avg Total Daily Traffic count at this location of Rts 4 & 7. Amtrak nearby. Located between Killington/Rutland. World Cup,Vail association.Five Guys, Wendy's, BurgerKing, StarBucks, Chipotle, CVS, Walgreens,Tops Mkt, City Gazebo Park, all Neighbors at this location! Great for Food, Attorney, Accountants, Retail, Office etc. A/C, multi zone heat. Roof new in 2016. Newer Boiler. In good shape, Kitchenette main floor, Shower bath back office, potential to have living quarters there as well. Bsmnt Storage & half bath. Equipment/Furniture negotiable as can be left. Priced to SELL! Opportunities such as this come & go before you know it, so don't wait! Agents & Guests to sign confidentiality form. Showings by appointment w/Notice & Notice to tenant.. Covid conscious requirements. SUBJECT TO THIRD PARTY APPROVAL!
Sale of Building Only. Business, equipment and fixtures are also available for purchase if interested. Many renovations were completed with mechanicals in great condition including upgraded heat pumps, making this a move in ready space of approximately 3400+ - sq ft on the first and second floors. Rear access into the basement and 1st floor. The basement provides for plenty of storage. The second floor has been remodeled and can be reconfigured for multi-use, and would make a great apartment with some minor modifications. Here is your opportunity to be located downtown near the Paramount Theatre and convenient parking garage. Utilize the street level storefront for your business and live or earn from the second floor possibilities. Schedule your private viewing now. Welcome to Downtown Rutland!
Walking distance to Rutland Regional Medical Center. Currently used as dental offices. Could be 2 separate offices. Surrounded by professional offices. Tenant in place until end of 2020 on main floor. Buried 1,000 gallon oil tank.
Great Investment opportunity in a prime location in the city right across from court house, over 9% Cap Rate at asking price, building is in a real nice condition, very well cared for no deferred maintenance, good rental history. The property consists of a large commercial space (over 2000 SF.) on the first floor which has all amenities you need for either an office or retail space, is Vacant now. Second floor has 2 apartment units, a 1 bedroom and a 2 bedroom units , Leases on all units. property is completely updated and up to code, Heating and roof are fairly new.
Incredible antique building and original 2 story barn located on a busy tree lined street in the heart of Rutland City. So much original beauty with parquet floors, detailed wood work, marble carved fireplaces, pocket doors and an ornate primary stairway. Presently a commercial office with 2 attached apartments. This could continue to be the same or could become any number of opportunities including a family home with attached apartments for additional income or something else created from an owners imagination. 2 Blocks from downtown and with an Average Annual Daily Traffic Rate of 5,500 it could house many uses. The office has a large reception area, an employee break room and 2 large offices and a bath on the first floor and 3 additional offices and full bath on the second floor. The apartments are off the back of the building; one downstairs and one upstairs. Efficiency Vt did an assessment and additional work was done including insulating, replacement windows, new buderas furnace and 4 heat pumps to provide additional heat and air conditioning. A great property! And a great investment!
Downtown Rutland City retail/office building with direct sidewalk access and 15 car off Street private parking lot. Located next to the entry to the downtown parking garage. Currently owned by the VFW and has a large bar/lounge, a full commercial kitchen and a large function room with restrooms on the first floor. The second floor has three large classrooms and 4 private offices and restrooms. There is a full basement with interior stairs and a drive in ramp from Willow Street. Property is listed subject to VFW Post 648 finding a suitable location to move to and any closing will accommodate the seller's relocation timetable.
Prime commercial real estate location in Rutland City with stable long-term tenants! High visibility location on Route 7 North as you enter Rutland City from Burlington and Middlebury. Current use of the property features four retail/office spaces and one residential unit.
Rare commercial property in a prime location on Stratton Road near Rutland Regional Medical Center. Used as a dental office for many years, this 3,290 square foot property is currently configured with 3-4 exam rooms, kitchen, reception, waiting room and office on the first floor and additional office space upstairs. A great fit for a medical office or practice, with close vicinity to other similar practices on Stratton Road and easy access to Downtown Rutland. 13 parking spaces as approved by a Zoning Variance from the City of Rutland.
A solid 28,800 sq. ft., Steel Bldg with Steel roof, currently set-up as an Indoor Tennis Facility on 1.42 acres. But lends itself to multiple commercial/light industrial uses. Such space has leased in Rutland at between $2.50 and $3.50/sf., NNN. Although equipped as an Indoor Tennis facility, it is not being sold as a going concern, as owner is semi-retired and is operating it sporadically. No current financial available. In-floor radiant heat by diesel fuel (ran about 5,500 gallons annually when in full operation); 6" fiberglass insulation in walls and ceiling. Taxes: $17,091. Water & Sewer ran about $600/yr. A fitness studio rents the mezzanine 2,880 sq. ft. 2nd floor walk-up space (24' x 120'). Rent will be discussed with serious prospective buyer.
A huge wide-open, heated garage/workshop with approximately 5,000 square feet, main bay with oversize door, 2 additional bays with overhead doors, office space, storage, a one-bedroom apartment rental and plenty of parking on this .69 acre lot with ingress and egress also available to Engrem Avenue. Also a lovely 3 BR, 2.5 BA vintage home all updated and stylish throughout. It’s all here including patio space, private and fenced backyard and a nicely landscaped lot. A Value Packed Property!
Building in excellent condition with recently upgraded infrastructure.Ideal candidate for 1031 exchange. Unit #1 was leased to Oral Surgery Associates for over $4000 a month NNN. Unit #2 Leased $1691 a month NNN.Unit #2 previously occupied long term by successful bagel cafe business. Full occupancy results in CAP rate of 10 % and over %70K in NOI. Building has no differed maintenance well maintained, Location is an excellent location on busy route 4 East towards Killington and Pico .
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