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802-295-1355
565 Maple Street
White River Junction, VT 05001

 
Price Change! reduced by $12,500 on July 18th 2023
$112,000 | $91 per sq.ft. Commercial Property, 198 N Main Street Rutland City VT | Space type Pond meadow park subdivision,   
on Tenney Brook MLS# 4941426


DESCRIPTION

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!
Building Type : Office

Disability Features : Access Common Use Areas | Access Parking | Access Restrooms | Bathroom w/5 Ft. Diameter | Grab Bars in Bathroom | No Stairs from Parking | Paved Parking | Zero-Step Entry Ramp

Sale Includes : Land/Building
Signage-| Adequate
Price per SQFT | 91.06 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Exterior | Price Per SQ.FT. 91.06 | Year Built: 1974
No. of Units-| 0
Building Size | 1230
Available SQFT | 1230
Basement: Partial
Building Type: Office
Garage And Parking: On-Site
Road Frontage: 245
Heating: Forced Air
Electric: 100 Amp | Circuit Breaker(s) | On-Site
Utilities: Cable - At Site
No. of Docks | 0.
No. of Drive Doors | 1230.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 1.45 acres
Zoned: Gateway Business N Main S
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 245
Docs Available : Association Docs | Deed | Plot Plan
Taxes $4,437  | Assesed Value $124,500 in 2018

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