Rutland Town Vermont Real Estate

FOR SALE: Three Professional Office Condominium Units: Unit 4, Main Floor 311 sq. ft. 1 Rm, private restroom: $37,500...Unit 9, 2nd Floor, 506 sq. ft. 1-Rm, (divisible into 2): $40,500...Unit 10', 2nd floor, 241.7 sq. ft., 1 Rm, shared restroom: $19,500...offered in 2 combinations: All 3 Units: 1,059 sq. ft: $87,500....(More than 10% off their combined prices!)...Or 9 & 10, about 75% of 2nd Floor, with 747.7 sq. ft: just $49,500......9 & 10 share a stairway, hallway and bath with Unit 11, (252 sf, also for sale at $19,000) ............FOR LEASE: Unit 9: $695/mo., + Elec, WiFi, interior cleaning and Tenant's insurance;... Unit 10: $335/mo., + the same above expenses;...Units 9 & 10 as a 2-room office for $775/mo., + above expenses....The Knollwood Professional Building is an attractive wood frame 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) makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to and from Killington and Pico Ski Resorts. ...Disclosures: Water from the on-site well tests slightly silted, and so office occupants are advised in not to drink the tap water, and to use bottled water for drinking and coffee making...Electric Service Main is 400 Amp....Review the Knollwood 1st and 2nd Floor Plans to better understand the above offerings for Sale or Lease.

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food, Very loyal local Clientele, Frequented by Tourists as well. Licensed for up to 100 seats. Despite the volume, this is one of the most immaculate kitchens in Vermont. The owners have very high standards not only with their food, service, it also includes their building, inside and out. The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking. It helps if a new owner is a Chef and has high volume experience. The numbers support the price. Seller request Buyers to sign a Confidentiality Agreement and provide financial information to prove their ability to purchase before we can release the financial information. Required minimum down payment by Banks is 20%. It is also customary for a new owner to pay dollar for dollar for the inventory at time of closing.

Robert Stubbins Electrical and General Contractors. Sale includes business, real estate, equipment, and inventory. Financial information available upon execution of an NDA. Highly profitable. Founded in 1998.

This gateway parcel is one of the most visible properties in Vermont. Located in the Town of Rutland which does not have local zoning but does have access to needed infrastructure such as municipal sewer & water and power, etc. Both residential and commercial uses of the property are allowed with State Land Use Permits. Access is at a traffic-controlled intersection on Route 7, Vermont’s only highway on the west side of Vermont. Traveling north to south form the Canadian border to the New York City area. The frontage on Route 4, a major highway connecting Vermont to upstate New York and New Hampshire, adds to its unique position in the market. Killington Ski Resort and Okemo Ski Resort contribute to a strong retail, lodging and restaurant market. While the railroad, trucking and industrial base provide for a strong economic base. The Rutland area is considered to be Vermont’s up and coming regions and the second largest market in Vermont. Useable acreage is 5.69+/-.