Vermont Business Opportunities

MLS Number 4978296

• CommercialLease
• Lease 1050
• Year Built 1989
• Square Feet 4,565
• Acreage 0.9

FLEX SPACE: Excellent attractive Professional Offices, with shared waiting area and ADA Restroom. Rent: Office 5: a lovely 3-room 729.6 sf Gross Area for $1,050.00/mo., plus electricity which owner advises averaged less than $65.00/monthly. Owner prefers to lease out all 3 rooms, but will entertain offers on just 1- or 2-rooms. Lots of natural light make these offices with windows on 3 sides of the 729.6 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, physical therapist, a Realtor 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 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 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 4970143

• CommercialLease
• Lease 775
• Square Feet 3,400
• Year Built 1900

Attractive 5-room, 1,700 sq ft office on 2nd floor, with door facing Center Street, dedicated stairway. Electrical and heating systems recently upgraded with energy efficient mini-split heat & air conditioning units for ease & comfort. With oil system as back-up to the mini-split heat pumps. Insulated glass windows. Asking Rent: $775.00 monthly, modified gross (Tenant pays electric, wifi and interior cleaning), for the 1st year of a 3-year lease. Lease Term, negotiable.

Listed by Ault Commercial Realty,Inc.

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.