Offered At: $1,695,000
231 N Main Street, Rutland City VT
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.
Listed by Ault, Ray of Ault Commercial Realty, Inc.
Property Details
- Available Square Footage: 17972
- Deed Type: Warranty
- Block: 2
- Road Frontage: 342
- Ceiling Height: -10
- Current Use: Office Building, Free Standing Building
- Sale Includes: Land/Building
- Lot Size In Acres: 1.54
- Map: 01
- NOI: 145668
- Page: 76
- Property Status: A
- Town:
- Traffic Count: 17600
- Year Built: 1983
- Property Taxes: $37,537
- Construction Masonry,Wood Frame
- Zero-Step Entry, One Level Business, Paved Parking, Grab Bars in Bathroom, Low-Pile Carpeting, 3 ft Doors, Access. Parking, Bathrm w/5 ft Diameter
- Exterior Wood / Wood Siding,Stucco
- Financing Conventional
- Foundation Slab W/FrstWall,Poured Concrete
- Fuel Propane
- Central AC,Hot Air,Hot Water,Multi-Zone
- Misc. Public Restrooms
- Parking Garage, On Site, Paved, Unpaid, 21+ Spaces
- Roof Membrane,Other
- Sale Includes: Land/Building
- Transport Access City Street,Public Transportation,State Highway
- Current Use: Office Building, Free Standing Building
- Utilities Public Sewer, Public Water
- Basement None
- Floors Concrete,Carpeted
This listing has been viewed 530 times.
Copyright 2011 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.


Start Slide Show

































