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$199,500
Est. payment /mo
1,470 SqFt
Active
5 Commons ST #C-5 Rutland City, VT 05701-4652
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,470 sqft
Price per Sqft $135
MLS Listing ID 5071200
Year Built 1999
Annual Tax Amount $7,471
Tax Year 2026
Lot Size 2.480 Acres
Acres 2.48
Property Description
This 1,470.5 sq. ft. Professional Office Condominium is conveniently located across from the hospital for likely medical office use or other professional services business. Offered FOR SALE at $199,500, subject to a Lease through 27 October 2027, on a Triple Net basis. Lease Terms will be shared with qualified investor-buyers. Net expenses are estimated at about $1,200/mo., plus heat & elect. The shared basement allows for a good amount of storage space, in addition to the 1,470.5 sq. ft. There is ample parking for both staff and patients/clients. The Allen Street Commons Condominium Complex is one of the most desirable in the City of Rutland, and tends to command well above average office lease rates and sale prices per sq. ft. Owners have made available a complete Sellers Property Information Report, which includes helpful information on major components and systems, with comments on past work by various contractors.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning POP - Planned Office Park
Rooms
Basement Entrance Walk-up
Basement Concrete, Concrete Floor, Partial, Sump Pump, Walkout
Interior
Cooling Central AC
Inclusions Land/Building
Exterior
Utilities Available Cable, Telephone at Site
Roof Type Asphalt Shingle
Building
Sewer Public
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