231 N Main Rutland City, VT 05701
$1,695,000

231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000
231 N Main Rutland City, VT 05701 by Ault Commercial Realty, Inc. $1,695,000

 

Listed by Ray Ault of Ault Commercial Realty, Inc.

Call Four Seasons Sotheby's International Realty Real Estate for more information.

Acreage: 1.54

Year Built: 1983

Square Feet: 17,972

Units: 0

MLS #: 4408691

Active

Property Description

The USDA Forest Service has been a tenant since 1993, and is in the 1st yr year of the latest 3-yr renewal. Ample paved parking on-site. Two deeds in: Bk 261, Pgs 76-78, and Bk 292, Pgs 329-334. 4 of 5 HVAC roof units are recently new, and the parking lot has been re-sealed. A great 1031 replacement income property! Priced at a 8.7% Cap Rate applying a 7.5% vacancy (even though its been 100% occupied since 1993), and a 2.5% capital reserve assumptions.

Property

  • Property Type: Commercial Sale
  • Type: Office, Retail
  • Type Use: Free Standing Building, Office Building
  • Acreage: 1.54
  • Zoning: GtwyBusinessNMS
  • Road Frontage: 342
  • Signage:
  • Lot:
  • Lot SqFt: 67,082
  • Roads:

Location

  • State: VT
  • Street: N Main
  • Building Number:
  • Zip Code: 05701
  • County: VT-Rutland
  • Town: Rutland City

Building

  • Building SqFt: 0
  • Available SqFt: 17,972
  • Total SqFt: 0
  • Foundation: Poured Concrete, Slab w/ Frost Wall
  • Construction: Masonry, Wood Frame
  • Year Built: 1983
  • Units: 0

Utilities

  • Heating: Hot Air, Hot Water, Multi Zone
  • Cooling: Central AC, Multi Zone
  • Services:

Exterior

  • Roof: Membrane, Other
  • Exterior: Stucco, Wood Siding
  • Parking: Garage, On-Site, Parking Spaces 21+, Paved, Unpaid

Amenities

  • Accessibility Features: 3 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
  • Commercial Features:

Legal

  • Taxes: $40,258
  • Date Showings Begin:
  • Delayed Showing: No

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Copyright© 2017 The New England Real Estate Network. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate displayed on this 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 on 06/25/2017.

Market conditions

Median sale price

$144,750 UP 25.86% vs. month ago

Homes for sale

2 DOWN -33.33% vs. month ago

Homes sold

16 UP 45.45% vs. month ago

Average days on market

163 UP 61.38% vs. month ago