172 South Main StreetRutland City, VT 05701MLS Number 4978880

  • Price: $625,000
  • 139 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
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Active with Contract
172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701172 South Main Street Rutland City VT 05701
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  • 0.6Acreage
  • 1900Year Built
  • 9,132Square Feet
  • 2023Tax Year

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Listed by Mike Kalil of Watson Realty & Associates
Own this great investment opportunity in the most prime location in rutland, located in a small strip mall with viable successful businesses, occupying this property one very successful business as a tenant (StoneHedge Indoor Golf)although this property currently is a 2 unit property, unit 1. on1st floor is about 7500 SF unit 2. is on the 2nd floor is about 1700 SF , currently the tenant is renting both spaces, but for the future , this property can easily be divided to two unites on the first floor, conveniently there are two main entrances one on each end of the building with its own parking and of course upstairs unit have its own entrance as well . there are currently 3 large bathrooms and handicapped accessibility. Current cap rate at asking price is 8% NNN lease

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Tax Information

  • Tax Year2023

Building

  • Year Built1900
  • ConstructionMasonry, Other
  • NumberOfUnitsInCommunity2
  • Square Feet9,132
  • BasementConcrete Floor

Exterior

  • ExteriorBlock, Cement
  • RoofFlat, Membrane

Utilities

  • FuelOil
  • Heating CoolingForced Air

Basic Information

  • StatusActive With Contract
  • Modification Date12/06/2023
  • TypeInvestment, Retail
  • List Price$625,000
  • Broker NameWatson Realty & Associates
  • Listing Agent NameMike Kalil
  • Lister Office NameWatson Realty & Associates
  • MLS Number4978880
  • MLS StatusActive Under Contract

Amenities

  • PricePerSqFt68.44

Other

  • Date Listed11/29/2023
  • View Count99

Location

  • Building Number172
  • StreetSouth Main Street
  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland

Property

  • Acreage0.6
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft26,136
  • Road Frontage417
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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