Rutland City Vermont Real Estate

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 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 $10.81/sf, ($1,110/mo) including condo fees, property tax & heat. Electric is paid direct to GMP. 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.

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.

Possible Seller Financing is offered on this 1,702 sq. ft. (Gross Area), 1,470.5 sq. ft. (Net Area) Professional Office Condominium is conveniently directly across from the hospital (RRMC) for likely medical office use or other professional services business. Asking Price recently reduced by $20,000 to $205,000, yielding a 9.8% 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 $1,450.00/mo., or $11.83/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. Terms of Seller-Financing are negotiable, and subject to good credit rating.

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.

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.

Desirable commercial location in Rutland City with great access, parking, and visibility. Sale is for real estate only. Main Building consists of 4,000 square feet at ground level and additional space upstairs. There is an additional 18' x 50' wood barn on the property currently being used as storage.

Professional Office condominium of 2,112 sq. ft., recently renovated and ADA-compliant. It has central air and propane hot air heat, 200-amp electric service, alarm, 2 restrooms and an air-lock entry foyer. This is very attractive first class office space in Allen Pond Professional Park, near Rutland Regional Medical Center. Unit is vacant and ready for occupancy! Condo Fees are about $1,500 per quarter, plus a Capital Reserve assessment of approximately $350 per quarter. Taxes are $1,621 per quarter. Total Net Expenses therefore are roughly $6.57/sq. ft., annually.

Versatile Single-Level Office Building in the Hospital District Built in 2000, this single-level ranch-style office building offers nearly 2,100 square feet of workable space with a handicap ramp and full accessibility. Inside, you'll find several private offices, large open areas, multiple workstations, and a kitchenette. Currently set up as a dental practice, the building is ready to operate turnkey. Dental equipment, furniture, and the patient list are available for purchase separately; this listing is for the building only. The flexible floor plan also lends itself to a variety of configurations, including conversion to a single-family or multi-family residence with city approval. Its location in the Hospital District allows for a range of uses (see attached zoning allowances). This property is also listed under the residential and multi-family categories, where you'll find virtually staged photos showing possible conversion layouts and designs.

Commercial Building currently used as professional offices. Adjacent to Rutland City Hall across from the Rutland City Police Station. Quality Design with updated features in excellent condition. In the heart of downtown Rutland City. Walking distance to Amtrack and bus stations. Become part of the Rutland Revitalization. Great re-development opportunity for residential use. Owners will consider a long term lease on this property.

HISTORIC CHARACTER. MODERN RENOVATION. TURNKEY APARTMENTS. This handsome circa-1900 building has been thoughtfully transformed from professional offices into five distinctive one-bedroom apartments, combining modern, low-maintenance living with the craftsmanship and character of the original building, being sold "as is". Original hardwood floors, tall ceilings, beautiful woodwork and trim, and large windows, offering abundant natural light, have been preserved throughout. No carpeting. Each apartment features a brand-new kitchen and bath, with a clean, bright, and comfortable feel. The renovation goes well beyond cosmetics, with updated wiring, plumbing, central air conditioning, propane hot-water baseboard heat, an air ventilation system, and a fire alarm system. Excellent off-street parking adds to the convenience. Four of the five apartments are currently rented, with the fifth needing finish-work to complete.This creates an attractive opportunity for an investor seeking to own a substantially completed income-producing property, or an owner-occupant who would like to live in a beautifully renovated 5th apartment while receiving rental income from the other four units. Located just a few blocks from downtown Rutland, with convenient access to shopping, dining and recreation. An easy drive to world class Killington-Pico ski resorts and Lake Bomoseen and Lake St Catherine too. Turnkey, beautifully renovated and filled with character—92 Center Street is not your typical five-unit property. A must see!

This listing includes three separate parcels with buildings that have contiguous boundaries. 102-104 Strongs Avenue includes the location for Ramunto's Pizza. As a package, the resulting lot size and location, is one of the most desirable commercial sites available in the Rutland Region with access to municipal sewer and water, great visibility, and substantial road frontage. Additional specific information for each building is available upon request.