231 N Main StreetRutland City, VT 05701MLS Number 4850406

  • Price: $1,795,000
  • 105 Days on Market
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Federal 30-year interest rate: 2.93% last updated on Jun 17, 2021
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Active with Contract
231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701231 N Main Street Rutland City VT 05701
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  • 1.6Acreage
  • 1983Year Built
  • 17,972Square Feet
  • Ray AultListing Agent Name

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Listed by Ray Ault of Ault Commercial Realty
The USDA Forest Service has been a tenant since 1993, and its lease ends 30 Sep. 2021. That federal agency is building its new Green Mountain National Forest HQ this year on US 4 in Mendon. Ample paved parking on-site for up to 92 vehicles, plus the 8 bays of the on-site 30' x 95' maintenance garage. Two deeds in: Bk 261, Pgs 76-78, and Bk 292, Pgs 329-334. All 5 HVAC roof units have been replaced in the last decade, and the parking lot has been re-sealed recently. A great 1031 replacement income property! Priced at a 9.9% Cap Rate using 7.5% vacancy and 2.5% capital reserve assumptions.

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Basic Information

  • StatusActive With Contract
  • Modification Date04/15/2021
  • TypeOffice, Retail
  • List Price$1,795,000
  • Broker NameAult Commercial Realty, Inc.
  • Listing Agent NameRay Ault
  • Lister Office NameAult Commercial Realty, Inc.
  • MLS Number4850406
  • MLS StatusActive Under Contract

Exterior

  • ExteriorStucco, Wood Siding
  • RoofMembrane, Other

Location

  • Building Number231
  • StreetN Main Street
  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • Map1

Property

  • Acreage1.6
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft69,696
  • Road Frontage342

Amenities

  • Accessibility Amenities3 Ft. Doors, Access Parking, Bathroom w/5 Ft. Diameter, Grab Bars in Bathroom, Low Pile Carpet, One-Level Business, Paved Parking, Zero-Step Entry Ramp

Building

  • Year Built1983
  • ConstructionMasonry, Wood Frame
  • Units1
  • Drive/Doors6
  • FoundationPoured Concrete, Slab w/ Frost Wall
  • Square Feet17,972
  • Available Sqft17,972
  • BasementNone
  • Garage Spaces

Interior

  • Ceiling Height-10

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingHot Air, Hot Water, Multi Zone

Other

  • Transport AccessCity Street, Public Transportation, State Highway
  • View Count179
Broker Reciprocity

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 June 22, 2021.

 

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