198 N Main StreetRutland City, VT 05701MLS Number 4812248

  • Price: $50,000
  • 326 Days on Market
$/month over payments
Federal 30-year interest rate: 2.96% last updated on May 6, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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198 N Main Street Rutland City VT 05701198 N Main Street Rutland City VT 05701198 N Main Street Rutland City VT 05701198 N Main Street Rutland City VT 05701198 N Main Street Rutland City VT 05701
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  • 1974Year Built
  • 1,396Square Feet
  • Ray AultListing Agent Name
  • PendingMLS Status

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Listed by Ray Ault of Ault Commercial Realty
Attractive 1,396 sf 2nd Floor Professional Office Condominium at Pond Meadow Park in excellent high-traffic location with plenty of on-site parking (30 cars + or -), beautifully landscaped grounds and pastoral views across Tenney Brook Pond. Currently configured as a 5-room law office: reception, conference room, large private office, plus smaller adjacent office and storage room. Additionally Unit C-4 shares with Unit C-5 as "Limited Common Area" a large well-appointed client lounge with plenty of natural light and a common break-room. Owner successfully appealed the Property Tax Assessment from $116,100 to the current $67,500, reducing the annual tax from $4,023 to the current $2,339. The Condo Owners Association recently re-surfaced the roof, replaced the furnace, and upgraded the entry walkway, hallway and restrooms,...and installed insulated glass windows all around. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Some office furnishings and equipment are available at an additional negotiable cost; (List Attached). Owner will seriously consider all offers!...Note: Although currently 2nd floor walk-up units, the Condo Association Board of Directors is on record having voted to allow either or both owners of Suites C-4 and C-5 to install at their sole expense a glass-enclosed chair lift from 1st floor to 2nd floor via the existing atrium modified to accommodate same, making 2nd Floor handicapped accessible.

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Basic Information

  • StatusPEN
  • Modification Date04/27/2021
  • TypeInvestment, Office
  • List Price$50,000
  • Broker NameAult Commercial Realty, Inc.
  • Listing Agent NameRay Ault
  • Lister Office NameAult Commercial Realty, Inc.
  • MLS Number4812248
  • MLS StatusPending


  • FuelOil
  • Heating CoolingBaseboard, Hot Water


  • Transport AccessCity Street, Major Road Access, Paved, Public Transportation, State Highway
  • View Count255


  • Building Number198
  • StreetN Main Street
  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland


  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaOffice Park
  • Road Frontage200


  • Year Built1974
  • ConstructionWood Frame
  • FoundationPoured Concrete
  • Square Feet1,396
  • Available Sqft1,396
  • BasementConcrete Floor, Partial
  • Garage Spaces


  • ExteriorWood Siding
  • RoofShingle - Asphalt


  • Accessibility Amenities3 Ft. Doors, Access Parking, Access Restrooms, Bathroom w/5 Ft. Diameter, Easy Grip Door Hardware, Grab Bars in Bathroom, Hard Surface Flooring, Paved Parking, Zero-Step Entry Ramp
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Copyright 2021 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 May 12, 2021.


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