Vermont Commercial Real Estate Listings

MLS Number 4966339

• Commercial
• Year Built 1947
• Square Feet 36,225
• Acreage 4.21
• PricePerSqFt 27.47

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
• PricePerSqFt 13.25

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. Owners recently vacated about 10,000 sq. ft. of 18,000 sq. ft. total finished area. The balance, 8,000 sf was rented at rents ranging from $3.15/sf to $13.50/sf, Gross Rent. The remaining 8,991 sq. ft. on the main floor was finished to 1960's standards, but is sprinklered and could be upgraded to code for many commercial uses. Operating Costs ran 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 4845085

• Land
• Village Rutland
• Acreage 28.93
• PricePerSqFt 7258.9
• Zoning None

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 28.9 acres may be combined with an adjoining 19.8 acres ($139,000)* NE of subject that shares access ROW. The price of the combined larger parcel of 48.73 acres (Listed by Town as 49.43 acres) is discounted to $325,000. The Taxes listed, $2,952.77/yr., are for that combined 49.43 acres. On a $59.74 per acre basis, that would put the annual 2024 Tax on 28.9-acre Parcel 3 at $1,726.38. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,850/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 along 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. * See ML#4947099

Listed by Ault Commercial Realty,Inc.

MLS Number 4689530

• Commercial
• Year Built 1956
• Square Feet 1,680
• Acreage 0.26
• PricePerSqFt 100.89

For Sale: $169,500.00 Net expenses estimated at $963.00/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 renovated in 2005. It is heated with recycled waste-oil with a furnace designed for that fuel, or can be switched back to #2 heating oil. The paved area in front of and to the north side of the bldg is about 7,000 sq. ft. 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 4974643

• Commercial
• Year Built 1977
• Square Feet 1,500
• Acreage 2
• PricePerSqFt 97.27

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
• PricePerSqFt 7020.2
• Zoning None

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development 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 (Listed by Town as 49.43 acres) is discounted to $325,000. The Gross Taxes listed hereon: $2,952.77/yr, are for that combined larger parcel of 48.73 acres. On a $59.74 per acre basis, that would put the annual 2024 Tax on this 19.8-acre Parcel 1 at $1,182.85. 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 (currently on an annual lease), and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. The 2024 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 $1,728. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". * See ML#4845085 for Listing on adjacent 28.93 acres for $210,000.

Listed by Ault Commercial Realty,Inc.

MLS Number 4941426

• Commercial
• Year Built 1974
• Square Feet 1,230
• Acreage 1.45
• PricePerSqFt 91.06

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 4976249

• Commercial
• Year Built 1989
• Square Feet 4,650
• Acreage 1
• PricePerSqFt 17.1

Investment opportunity: Four Professional Office Condominium Units offered as a package: 1,311 sq. ft: Unit 4 (leased): 311 sq. ft. on main floor with private bath and front and rear entry doors; Units 9, 10 & 11 comprise the full 2nd floor of the bldg, and share a stairway, hallway and bath. Only Unit 11 is leased on 2nd floor. Built in 1989,the Knollwood Professional Building is an attractive wood frame 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to Killington and Pico Ski Resorts. Although it appears clear to the naked eye, Water from the on-site well tests slightly silted, and so office occupants are advised in Leases not to drink the tap water, and to use bottled water for drinking and coffee making. Units 9 & 10 available for lease as a 1- or 2-room office for $775/mo., + electric for the two. The full 2nd floor (3 rooms, 1,000 sf) is also available for purchase separately for $59,500. Unit 4, main floor 311 sf, asking $29,500 alone; Units 9, 10 & 11, 2nd floor walk-up, 1,000 sf, must be purchased together; All 4 of the above Units, total 1,311 sf, are available for $79,500. So right now one can buy that package and collect $650/mo, in rent while occupying 2 offices!

Listed by Ault Commercial Realty,Inc.

MLS Number 4828491

• CommercialLease
• Lease 9
• Square Feet 6,972
• Year Built 1935
• Acreage 0.5

Beautiful Period Bldg with classic trim, and the attractiveness of a Period bldg. 2 Professional Office Spaces available ranging from 1-Rm 281 sq. ft. on 3rd level to 1-Rm 871 sq ft., on 2nd level, and a 5-Room 1,100 sf office representing Flex-space on the 3rd level. 1st & 2nd floor walk-up from Lower Level walk-out. No elevator, although owner is having an architect design an elevator addition onto the rear of the building, serving all 3 levels. Ample on-site parking.

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.