About Us
Ray Ault has been a Vermont licensed Real Estate Broker since 1973. His company, Ault Commercial Realty, Inc., specializes in the sale and lease of Commercial & Industrial properties and Business Opportunities statewide. Ray also does consulting on:
- real estate acquisition
- creative financing
- lease-up of commercial and industrial buildings
- ground leases
- tax deferred exchanges
- land subdivision
- disposition of both improved and unimproved properties
He conducted the Alternative Site Selection Study for the Diamond Run Mall in Rutland. His most creative transaction involved the assemblage of 3 properties for a McDonald's Restaurant. He has experience marketing contaminated sites and helping to coordinate environmental clean-ups.
Recent transactions include:
- Buyer-Represented acquisition of a 4-Unit Apartment House
- Sale of Sawdi's Restaurant
- Lease-Up of the 26,000 sq. ft. North End Plaza.
- Sale of the former Clorox - Himolene Plant to a local developer
- Sale of two downtown landmark retail buildings to a New York investor
- The acquisition of the historic John Cootey building adjacent to the US Post Office in downtown Rutland by the US Postal Service
Ray is past President of the Vermont Association of Realtors, and served 6 years on the National Association of Realtors Bd of Directors. He served 4 years on NAR's Legal Action Committee, which reviews all court cases nationwide beyond the trial court level that impact real estate. He chaired NAR's committee on State & Municipal Taxation and Spending.
Ray is a certified Mediator for the resolution of real estate disputes.
He has chaired the Rutland Regional Planning Commission and the Rutland Region Chamber of Commerce. He is also an elected town official, serving since 1993 as Town and School Moderator for the Town of Proctor.
