5 Commons StreetRutland City, VT 05701-4652MLS Number 4675469

  • Price: $154,500
  • 997 Days on Market
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Federal 30-year interest rate: 2.8% last updated on Oct 22, 2020
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5 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-46525 Commons Street Rutland City VT 05701-4652
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  • 2.48Acreage
  • 1999Year Built
  • 1,470Square Feet
  • OfficeType

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Listed by Ray Ault of Ault Commercial Realty
This 1,470.5 sq. ft. Professional Office Condominium is conveniently located within walking distance of the hospital for likely medical office use or other professional services business. Offered FOR SALE at $154,500 (more than 15% below city appraised value!), or FOR LEASE (asking Rent: $12.00/sf, or $1,470.50/mo., NNN). Net expenses are estimated at about $800/mo., plus heat & elect. The shared basement allows for a good amount of storage space, not included in the sq. ft. stated above. There is ample parking for both staff and patients/clients. The Allen Street Commons Condominium Complex is one of the most desirable in the City of Rutland, and tends to command well above average office lease rates and sale prices per sq. ft. Owners have made available a complete Sellers Property Information Report, which includes helpful information on major components and systems, with comments on past work by various contractors. Unit has a short-term lease expiring in Sept. 2020, but Owner and that tenant welcome the ability to negotiate an earlier termination in favor of a buyer or lessee upon terms similar to or better than those of current lease.

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Basic Information

  • StatusACT
  • Modification Date08/08/2020
  • TypeOffice
  • List Price$154,500
  • Broker NameAult Commercial Realty, Inc.
  • Listing Agent NameRay Ault
  • Lister Office NameAult Commercial Realty, Inc.
  • MLS Number4675469
  • MLS StatusActive

Exterior

  • ExteriorClapboard, Wood
  • RoofShingle - Asphalt

Location

  • Building Number5
  • StreetCommons Street
  • TownRutland City
  • StateVT
  • Zip05701-4652
  • CountyRutland

Property

  • Acreage2.48
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft108,029
  • Road Frontage50

Amenities

  • Accessibility Amenities1st Floor 1/2 Bathroom,3 Ft. Doors, Access Parking, Access Restrooms, Accessibility Features, Bathroom w/5 Ft. Diameter, Grab Bars in Bathroom, Hard Surface Flooring, Low Pile Carpet, No Stairs from Parking, One-Level Business, Paved Parking

Building

  • Year Built1999
  • Units3
  • FoundationPoured Concrete
  • Square Feet1,470
  • Available Sqft1,470
  • BasementConcrete, Concrete Floor, Partial, Sump Pump, Walkout
  • Garage Spaces
  • Rail Available Y/NYes

Interior

  • Ceiling HeightStandard

Utilities

  • FuelOil
  • Heating CoolingIn Floor, Radiant, Radiant Floor

Other

  • AC percent100
  • Transport AccessCity Street, Near Airport, Paved, Public Transportation, Rail Available
  • View Count1060
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Copyright 2020 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 NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 24, 2020.

 

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