Listings for Ray Ault

MLS Number 4966339

• Commercial
• Square Feet 36,225
• Year Built 1947
• Acreage 4.21

This is a very well located Redevelopment Opportunity with possible restoration of existing Restaurant, Kitchen and part of Dairy Bar bldg covering a total of approximately 9,500 to 12,000 sq. ft. The balance of the 36,225 sq. ft. building likely needs to be razed with some salvage value of steel frame. In its Prime in the mid 1980's the complex consisted of 3 buildings joined together: A 9,534 sf Restaurant bldg, 21,111 sf Dairy Bldg including a 2,400 sf Dairy Bar, and a 5,580 sf Distribution Center with drive-thru truck wash/repair bay and 3-Bay Garage with three 12'x14' OHD's. Two other buildings on the site include a former 2-story residence (in serious disrepair) near the south property line, and a large Quonset Storage Building toward the rear north side of the property. Appraised by a VT-licensed General Appraiser for $975,000 in 2022, it is offered at that plus a modest 2% inflation adjustment for a net offering price of $995,000. Owners successfully appealed the City Tax Assessed value of approx. $1.25 million down to the current $770,800 assessed value. ABOUT 2/3rds OF BLDG IS IN SERIOUS DISREPAIR, WITH ROOF, CEILINGS AND SOME FLOORS COLLAPSING. OWNER MUST ACCOMPANY SHOWINGS OF FULL STRUCTURE beyond the restaurant space. DISCLOSURE: Soil contamination has been identified and registered with the State, and further testing needs to be done. Buyer's engineer will be asked to speak with the State engineer about the scope of contamination.

Listed by Ault Commercial Realty,Inc.

MLS Number 4741672

• Commercial
• Year Built 1962
• Square Feet 51,700
• Acreage 5.84

PRICE REDUCED by a highly motivated seller! Its well worth a look! Located just 1.5 miles north of Brandon Town center, (2.2 mile drive including Park Village streets), this great redevelopment opportunity / income property or site for your business offers many possibilities: The 51,700 sq. ft. building on 5.8 acres includes approx. 26,000 sq. ft. on the main floor, plus a walk-out partially finished Lower Level space (that once housed a dental office) for future expansion. The current owners both occupy or rent out a total of about 10,000 sq. ft. of 18,000 sq. ft. total finished area at rents ranging from $3.15/sf to $13.50/sf, Gross Rent. The remaining 8,000 sq. ft. on the main floor is finished to 1960's standards, but is sprinklered and could be upgraded to code for many commercial uses. Operating Costs run less than $3.00 per sq. ft., including heat and electricity. Documents available include: An SPIR - Sellers Property Info Report (Item 2a is amended to replace the 1992 furnace with a leased furnace), Floor Plans, including earlier owner's architectural schematic for conversion of main floor to 20-unit residential use if buyer desires, and aerial photos; Assessors Record, Deed and 2024 Property Tax Bill: Taxes are $11,741.

Listed by Ault Commercial Realty,Inc.

MLS Number 4905203

• Commercial
• Square Feet 5,258
• Year Built 1900
• Acreage 0.38

You'll find this convenient, attractive, highly visible 5,258 sq. ft. Professional Office Building on a 0.38-acre corner lot, both charming and well-maintained! Just half a block's walk to Starbucks, CVS Pharmacy, Burger King and Wendy's. Its ample on-site parking for 26 cars, including 2 accessible spaces to ramped front entrance, yields a Parking Ratio of 5.26 per 1,000 sq. ft. of finished space. Springtime, Summer & Fall you might see office occupants enjoying lunch at the picnic table adjacent the far-side of the paved parking lot. Several original Period fireplaces (inactive) add panache to the carefully renovated early 1900's building. Electrical service and computer wiring has recently been upgraded. There is also a small 3-Rm apartment with full bath on the finished walk-out basement level. The bldg's electric service entrance and 2 oil furnaces are accessed through the Apt. 48-hrs notice required to show apt.

Listed by Ault Commercial Realty,Inc.

MLS Number 4689530

• Commercial
• Square Feet 1,680
• Year Built 1956
• Acreage 0.26

For Sale: Rented for $1,173.00/mo., NNN. Net expenses estimated at $963.00/mo., for a Total Rent of $2,136.00/mo., plus heat and electric. This one-story 1,680 sq. ft. garage, with 3 bays and 11-ft high overhead doors, was built in the 1950's and is heated with recycled waste-oil with a furnace designed for that fuel. The paved area in front of and to the north side of the bldg measures about 7,000 sq. ft. In 2005 Efficiency Vermont upgraded all lighting to more efficient fixtures. Other improvements made in 2005: New Overhead Doors, made work bays relatively airtight and remodeled office & waiting area. Subject property is listed on the State of Vermont DEC Hazardous Sites list as Active. The original gasoline storage tanks serving the gas pumps were removed in 1999. Then site contamination was rated as minimal. However, a more in-depth analysis recognized water contamination of nearby residential properties, and concluded that contamination originated from subject site. Seller advises subject site is registered with the Vt Petroleum Clean-up Fund, subject to certain procedures being followed by owner. Any sale will be subject to Buyer's engineer communicating with the Site Technician assigned to this site for a complete understanding of the impact on their client of proceeding with a purchase of subject property. The property was independently appraised in Nov 2016 by a Vt-licensed Appraiser at a value of $155,000. The CPI Inflation since then yields a $196,000 value.

Listed by Ault Commercial Realty,Inc.

MLS Number 4934252

• Commercial
• Year Built 1977
• Square Feet 1,500
• Acreage 2

Medical Office Condominium of 1,500 sq ft on Ground Level of Bldg 2. Very good medical office layout with reception area, receiving office, private office, 3 exam rooms, lab and 2 half-baths. Although Deed recites Unit 6, Condo Association designates this as Suite 8. Shared parking is available on a first-come, first-served basis. Prospective buyers should read the Declaration of Condominium and all amendments thereto, and the Condo Association By-laws and all amendments. The Association has invested significant monies in building maintenance and new paved parking in 2019. Heating system is a common furnace but with separate zones for each condo unit. Each Unit has its own electric meter with GMP.

Listed by Ault Commercial Realty,Inc.

MLS Number 4947099

• Land
• Village Rutland
• Acreage 19.8
• Zoning None

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Poised for Residential community or subdivision. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 19.8 acres may be combined with an adjoining 28.93 acres ($210,000) SW that shares access ROW. The combined larger parcel of 48.73 acres is discounted to $325,000. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 across the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house, and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. The Town lists the combined 48.73-acre parcel as being 49.43 acres. The 2023 Property Tax on combined Parcels 1 & 3 is $2,952.77, or $60.00 per acre. By that measure, 2024 tax allocated to Parcel 1 would be $1,183; and the tax allocated to Parcel 3 would be $1,770. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope".

Listed by Ault Commercial Realty,Inc.

MLS Number 4941426

• Commercial
• Year Built 1974
• Square Feet 1,230
• Acreage 1.45

Price recently Reduced on this attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE well below its City-Appraised $124,500; and FOR LEASE @ $12.18/sf, ($1,245/mo.), NNN, with Net Expenses estimated at $11.36/sf, ($1,166/mo) including heat & electric. In excellent high-traffic (15,000 ADT rounded) location with plenty of on-site parking (30 cars + or-), beautifully landscaped grounds and pastoral views across Tenney Brook picnic area. Currently configured as a 5-room dental office: reception, private office, plus smaller adjacent office/lab, storage room patient servicing office areas (3). An accessible restroom is in the common area, and a non-ADA half-bath is within the 1232 sf of subject unit. Additionally Unit C-3 shares a large well-appointed client lounge with plenty of natural light, a common break-room and an approx. 6'x8' storage closet. The Condo Owners Association re-surfaced the roof about 10 years ago, replaced the furnace, and upgraded the entry walkway, hallway and restrooms. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Owner will seriously consider all offers! Buy with as little as 15% down with SBA 504 Loan!

Listed by Ault Commercial Realty,Inc.

MLS Number 4963716

• CommercialLease
• Lease 295
• Square Feet 4,565
• Year Built 1989
• Acreage 0.9

FLEX SPACE: Excellent attractive Professional Offices, with shared waiting area and ADA Restroom. Rent: Office 11: 252 sf Gross Area for $295.00/mo., plus electricity which owner advises averaged less than $30.00/monthly. Office 9-10: An L-shaped office of 748 sf Gross Area for $775.00/mo., plus electricity. Or Lease the entire 1,000 sf 2ns floor with private restroom for $975/mo. Lots of natural light make these offices with windows on 4 sides of the 1,000 sf pkg,...and open your windows on the 2 offices facing the rear of the bldg to enjoy the pleasant sound of babbling Tenney Brook. Bonus: Ample paved parking at your door. Convenient to Rutland restaurants, shopping, and just 9 miles from Killington Ski & Golf Resort. Other Office Tenants in bldg currently include: 2 law offices, financial managment, and a former City Police Commissioner. Water from well is slightly silted, and not recommended for drinking. Bottled water is recommended for that.

Listed by Ault Commercial Realty,Inc.

MLS Number 4953694

• CommercialLease
• Lease 835
• Square Feet 3,612
• Year Built 1976
• Acreage 0.31

Prime 1st Floor Office, ADA-compliant, For Lease: North side: 1,374 sf consisting of a 4-room office on Main Floor, for $835.00/mo., (7.29/sq. ft.), NNN; Nets (including heat) estimated at $6.00/sf/yr. Tenant pays separately metered electricity direct to GMP. On-site parking: 15 cars. Property is in a retail strip area roughly across from Pizza Hut.

Listed by Ault Commercial Realty,Inc.

MLS Number 4961280

• CommercialLease
• Lease 375
• Square Feet 4,446
• Year Built 1892
• Acreage 0.25

Beautiful Period Mixed Use Office/Apt Bldg, Circa 1892. Adjacent and south of the Chaffee Art Center. Convenient walking distance to downtown restaurants, retail and financial and other services. 3,015 sq. ft. of Offices on 2 floors, and 1 unfinished office on rear 1st floor (will finish-to-suit) and 1 occupied 2nd floor Residential apartment in rear. 2nd Floor: Space I: NE 1-Rm Office 331 sq. ft. (Gross Area), 210 sf (Net Area), with shared half-bath, Asking $375.00/mo. On-site parking for 11 cars. Signage negotiable. Front Exterior recently re-surfaced and re-painted. Interior upgrade: Painting Interior Walls as needed; carpets shampooed.

Listed by Ault Commercial Realty,Inc.

MLS Number 4941835

• CommercialLease
• Lease 10
• Square Feet 6,100
• Year Built 1920

3 Professional Office Spaces ranging from 350 sf to 3,100 sf in an Attractive brick bldg in center of downtown, adjacent Parking Garage & Transit Center, and across street from both municipal and private paid parking: Other tenants include Tokyo House Restaurant. Available is a portion of space last leased by Federal Gov't. Or may be leased separately: Suite #2: a) 350 sf 2-Rm office with shared reception; b) 800 sf 1-Rm office with shared reception; or c) 1,522 sf 4-Rm office; Suite #4: 1,591 sf, Net Area (1,806 sf Gross Area) @ 7:50/sf of Gross Area, NNN, $1,129/mo., Base Rent, plus expenses. Nets estimated at $3.75/sf, + ht & electricity. Units both recently received enhanced insulation. So heat costs should be low. Or lease the entire approx. 3,100 sf 9-Rm Office.

Listed by Ault Commercial Realty,Inc.

MLS Number 4941839

• CommercialLease
• Lease 12
• Square Feet 6,000
• Year Built 1980
• Acreage 3.1

Highly visible, easily accessible Prime Office /Retail Space, approx 2,500 sf, with ample on-site parking. Frontage on US-7 with one of the highest Traffic Counts in Southern Vermont. Owner also owns the Security Self Storage buildings occupying a major portion of the rear of 3.1 acre lot. Being adjacent to Moon Brook, an impaired waterway under a state improvement action plan by the City of Rutland.

Listed by Ault Commercial Realty,Inc.