Rutland City Vermont Real Estate

Don’t miss the opportunity to purchase this affordable office space in an extremely well-maintained building. The association consist of 5 office spaces with quarterly fees of $2000 per unit, which include cleaning services of the common areas, common area supplies, common electricity, fuel oil, property management, exterior maintenance, trash removal, and water and sewer. This set up gives you the ease of running your business without having to manage all of the monthly overhead expenses. The 1230 sqft space is currently operating as an optometry office and consists of a lobby and reception area, 2 exam rooms, special testing room, optical room, an office, and storage space. There are two shared bathrooms just outside the office, 2 shared common areas, one of which makes a great break area or space for office gatherings. Showings on Saturdays or Sundays, some Fridays before noon.

Price recently Reduced on this attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE well below its City-Appraised $124,500; and FOR LEASE @ $12.18/sf, ($1,245/mo.), NNN, with Net Expenses estimated at $11.36/sf, ($1,166/mo) including heat & electric. 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 re-surfaced the roof about 10 years ago, 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!

Medical Office Condominium of 1,500 sq ft on Ground Level of Bldg 2. Very good medical office layout with reception area, receiving office, private office, 3 exam rooms, lab and 2 half-baths. Although Deed recites Unit 6, Condo Association designates this as Suite 8. Shared parking is available on a first-come, first-served basis. Prospective buyers should read the Declaration of Condominium and all amendments thereto, and the Condo Association By-laws and all amendments. The Association has invested significant monies in building maintenance and new paved parking in 2019. Heating system is a common furnace but with separate zones for each condo unit. Each Unit has its own electric meter with GMP.

For Sale: $169,500.00 ...or Lease for $1,245/mo., NNN. Net expenses estimated at $963.00/mo., plus heat and electric. This one-story 1,680 sq. ft. garage, with 3 bays and 11-ft high overhead doors, was built in the 1950's and renovated in 2005. It's heated with recycled waste-oil with a furnace designed for that fuel, or can be switched back to #2 heating oil. The paved area in front of and to the north side of the bldg is about 7,000 sq. ft. Efficiency Vermont upgraded all lighting to more efficient fixtures. Other improvements: New Overhead Doors made work bays relatively airtight and remodeled office & waiting area. Subject property is listed on the State of Vermont DEC Hazardous Sites list as Active. The original gasoline storage tanks serving the gas pumps were removed in 1999. Seller advises subject site is registered with the Vt Petroleum Clean-up Fund, subject to certain procedures being followed by owner. Any sale will be subject to Buyer's engineer communicating with the Site Technician assigned to this site for a complete understanding of the impact on their client of proceeding with a purchase of subject property. The property was independently appraised in Nov 2016 by a Vt-licensed Appraiser at a value of $155,000. Applying a CPI Inflation factor since then yields a $196,000 value!

There is an opportunity to convert commercial space into residential units downtown. Take advantage of the growing trend of downtown living and create a unique living space. In a community where rental units or condominiums are sparse for folks wanting to move here whether to work from home or fill many jobs available. Zoned mixed-use, structural engineers report attached confirming integrity. The attractive floor plan can perfectly hold anywhere from five to seven apartments. Each unit already has plumbing to easily add a shower and kitchen. What's the old saying..."If you build it, they will come"! With all the housing market grant monies available in the State of Vermont and Rutland City explore and take advantage and increase the housing market.

One of a kind opportunity to purchase a thriving music store business and real estate in a prime location between Rutland and Killington on US Route 4! Be Music has been in business for over 35 years with great name recognition, a loyal following and very strong financials. The business occupies the upper floor of the building with approximately 1,700 square feet of retail space. The downstairs unit is leased to a recording studio tenant. New heat pumps throughout this immaculately maintained building. Must see for any entrepreneurs seeking a turn-key Vermont business!

TED'S PIZZA- Become a part of Rutland's historical food legacy. Owner has operated this iconic pizza business for over 65 years, and he's ready to retire. Will train new owner. Profitable venture with room for growth. Some owner financing available for qualified Buyers. Sale to include business, property and equipment on site. Steady clientele with predictable sales weekly.

This a rare opportunity for a business investment. The first floor operates as a going market selling beer, wine and other convenience store items. Large walk-in cooler for an extensive variety of local beer and wine. Th second floor has an one bed room apartment for the owner or to rent for additional income. Located on busy route 4 on the way to Killington. This truly is a great opportunity for the entrepreneur.

Free Standing one floor building currently it's 2 units but it could be divided a few spaces if desired, unit 1 is perfect for a medical office where its has over 10 offices and 2 bathrooms along with receptions area , currently it is an office for insurance leasing for $36,535 NNN annually, with 3 years lease remaining and willing to stay longer, this building is owned by them 2nd unit was used for years for a mortgage company the lease was for $6000 a year, the insurance company NPT is willing to vacate or stay for the new buyer, Great location in town and Well cared for, paved parking lot for 20+ cars.

Class A office space for sale in a prime high-traffic location on US Route 7 in Rutland, Vermont. The property is immaculately maintained and is currently leased by an accounting firm for well over a decade. Though it currently supports a single tenant, the building was built to support three separate office or retail tenants and could easily be converted back to that structure. The building has three separate 200 amp electrical services and three separate HVAC systems. The property has 3 bathrooms, 15 individual offices, a kitchen and a kitchenette, multiple storage and copy rooms and a reception area.

PRICE REDUCTION! After 15 years of thriving business, Table 24 is for sale! You won't find a more turn-key restaurant property than this. Approximately 5,000 square feet of space, as well as the business for sale. Located in the heart of Downtown Rutland, just 20 minutes from Killington Resort.

Established auto body and paint shop that has been doing quality work for 32 years providing full-service collision repair & paint services, bumper-to-bumper capabilities, is now ready to pass the torch. This business is a turn-key opportunity, ready for a new owner. All the equipment necessary to do a professional and efficient job included in the price, including - 2 tower frame machines, welding equipment, 3D measuring machine, and much more. The business is situated in a freestanding building with 2 paint booths, multiple working stations with overhead doors and large parking areas. You cannot duplicate this business for anywhere near the price you can purchase this opportunity with great equipment, established name and large book of business. Can be purchased in conjunction with 18 Chaplin Ave, MLS #4896551, which is currently used as the office space for the operation.

Own this great investment opportunity in the most prime location in rutland, located in a small strip mall with viable successful businesses, occupying this property one very successful business as a tenant (StoneHedge Indoor Golf)although this property currently is a 2 unit property, unit 1. on1st floor is about 7500 SF unit 2. is on the 2nd floor is about 1700 SF , currently the tenant is renting both spaces, but for the future , this property can easily be divided to two unites on the first floor, conveniently there are two main entrances one on each end of the building with its own parking and of course upstairs unit have its own entrance as well . there are currently 3 large bathrooms and handicapped accessibility. Current cap rate at asking price is 8% NNN lease

This is a very well located Redevelopment Opportunity with possible restoration of existing Restaurant, Kitchen and part of Dairy Bar bldg covering a total of approximately 9,500 to 12,000 sq. ft. The balance of the 36,225 sq. ft. building likely needs to be razed with some salvage value of steel frame. In its Prime in the mid 1980's the complex consisted of 3 buildings joined together: A 9,534 sf Restaurant bldg, 21,111 sf Dairy Bldg including a 2,400 sf Dairy Bar, and a 5,580 sf Distribution Center with drive-thru truck wash/repair bay and 3-Bay Garage with three 12'x14' OHD's. Two other buildings on the site include a former 2-story residence (in serious disrepair) near the south property line, and a large Quonset Storage Building toward the rear north side of the property. Appraised by a VT-licensed General Appraiser for $975,000 in 2022, it is offered at that plus a modest 2% inflation adjustment for a net offering price of $995,000. Owners successfully appealed the City Tax Assessed value of approx. $1.25 million down to the current $770,800 assessed value. ABOUT 2/3rds OF BLDG IS IN SERIOUS DISREPAIR, WITH ROOF, CEILINGS AND SOME FLOORS COLLAPSING. OWNER MUST ACCOMPANY SHOWINGS OF FULL STRUCTURE beyond the restaurant space. DISCLOSURE: Soil contamination has been identified and registered with the State, and further testing needs to be done. Buyer's engineer will be asked to speak with the State engineer about the scope of contamination.