Ault Commercial Realty, Inc., is your source for Vermont commercial real estate. Our Rutland office is perfectly situated mid-state for easy access to commercial properties in Killington, Southern Vermont and statewide.
Long-established on the East shore of beautiful Lake Bomoseen in the college town of Castleton, Vermont, this Year-Round Resort Hospitality Business includes a 100-seat Restaurant, a home/office for check-ins and 55 rental rooms & suites in 8 buildings with over 40,000 sq. ft. of heated area, some of which are only used in the Summer High Season: June thru mid September. Many returning guests enjoy a range of accommodations, from standard motel rooms to efficiency units, to cabins and 1- and 2-bedroom condos with full kitchens. Owner will partition, selling in parts. Ask Agent.
Tenneybrook Square is an exceptional Retail/Office Plaza with 4 bldgs with over 24,000 sq. ft. gross leasable area and plenty of parking on just under 4 acres. The front bldg #1 with slate facade is 9,408 sf on one floor; northwest corner bldg #2 with 3,149 sf (1,968 sf 1st floor + 1,181 loft area); middle-north bldg #3 has 5,376 sf (2,688 1st floor + 2,688 2nd floor); and the rear bldg #4 has 6,784 sf (3,584 on 1st floor + 3,200 sf on 2nd floor).
The USDA Forest Service has been a tenant since 1993, and is in the 3rd year of the latest 5-yr renewal (with early-out option at EOYr 4). Ample paved parking on-site. Two deeds in: Bk 261, Pgs 76-78, and Bk 292, Pgs 329-334. 3 of 5 HVAC roof units are recently new, and the parking lot has been re-sealed. A great 1031 replacement income property! Priced at a 9.0% Cap Rate using 7.5% vacancy and 2.5% capital reserve assumptions.
This fine retail bldg is on a nice level lot with ample paved parking. Its 15,600 sq. ft. is divided into 4 retail/office spaces. Market supports NNN Rents of $8.00 to $8.75/ sq. ft. for this type of space. Adjacent 17+ acres are available for an added $475,000 (see ML#4050608). And its just a few blocks from the Rutland Country Club, and has several restaurants and other retail stores within walking distance.
A prime retail bldg, approximately 7,000 sf, situated between McDonalds Restaurant and the Sirloin Saloon. Divided into two stores, the North side about 4,000 sf, and the South side about 3,000 sf. Paved parking in rear for about 40 cars.
16,000 sf warehouse with about 800 sf office space; Tenant agrees to vacate upon 60-days notice; otherwise leased to 12/31/2012; a 14 ft high drive-in OHD and two tractor trailer height loading docks with load leveler. 14,000 sf paved drive and parking at rear with chain-link security fence. Permitted UST for fuel pump. Bldg is divided roughly into two 8,000 sf sections. Ceiling heights are approximately 16 - 18 ft clear span. Located just 1.4 miles south of Rutland, and less than 2 miles from the Rutland Southern Vermont Regional Airport terminal.
Long established popular automotive repair and towing business, long known as HABRO, Inc., serving the greater Killington region; including real estate appraised at $300,000.00, tools & equipment valued at $165,480.00, (List attached) and $29,520 in Good Will. Bldg has 4 vehicle bays, an office and an attached storage shed. Tax returns available to qualified buyers, who submit attached Buyers Confidentiality & Qualification ("BC&Q) Statement for Sellers approval. Environmental issues addressed by reports on file with State.
Potential commercial development acreage for retail or multi-family garden apts. Limited frontage, but great mountain views. Adjacent Wood Carte Bldg on 1 acre available for $875,000 ((see ML#4050603).
Exceptional development property includes 2 parcels, one on each side of US Rte 4: Approx. 12 acres with old 3-bay garage on south side, and approx. 6 acres with 2300 sf cape style house and 2 small garage/storage sheds on north side. About 25% to 33% of the south parcel appears to be wetlands. About 40% to 50% of the north parcel appears wet.
This is truly a prime retail location, with the highest traffic count in Rutland County. Adjacent to the State Fairgrounds. SALE OF BLDG ON LEASED LAND with approx. 23 years remaining on Ground Lease (through April 30,2034) from the Rutland County Agricultural Society (owner of the Rutland State Fairgrounds). 3,660 sf main floor, plus 3,600 sf full basement, yields total bldg are of 7,260 sq. ft. Buyer should run a "net present value" analysis of the bldg using a life of 22+ years. Ground lease presently $576/mo, with escalators, NNN.
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