Rutland City, VT 05701,69 Allen ST #Suite 5
Rutland City, VT 05701,69 Allen ST #Suite 5
Rutland City, VT 05701,69 Allen ST #Suite 5
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Listed by Ray Ault • Ault Commercial Realty, Inc. • RayAultVt@g.mail.com
$149,000
Est. payment /mo
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1,492 SqFt
Active

69 Allen ST #Suite 5 Rutland City, VT 05701

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 1,492 sqft

Price per Sqft $99

MLS Listing ID 4997396

Year Built 1977

Annual Tax Amount $3,293

Tax Year 2024

Property Sub-Type Office

Property Description

Suite 5 is a Leased Investment Opportunity: a 1492 Sq. Ft. Medical Office Condo in Bldg 1, conveniently located just down the road from the Regional Hospital. 69 Allen Street Professional Office Condominium has recently had the bldg exteriors all re-painted, the roofs re-shingled, the grounds re-landscaped and the driveways and parking recently re-paved. Office has an air-lock entry with coat racks (ideal in winter), Large reception and waiting room, 2 storage closets, 3 exam rooms and two private offices (with exterior exit from larger private office). Although Appraised by the City at $92,400, this reflects the previous owner appealing the then City Appraisal of $154,000 down to its 2018 valuation. Under the current Lease with 5 years remanining in it term, Tenant has freshly painted the walls and installed new carpeting and vinyl floor coverings. So its price is quite competitive in todays market! Net Expenses estimated at $6.25/sf, plus ht & elect.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Planned Office Park Dist.

Interior

Cooling Central AC

Inclusions Land/Building

Equipment Air Conditioner

Exterior

Parking Features On-Site, Parking Spaces 6+, Paved, Unassigned

Garage Description On-Site, Parking Spaces 6+, Paved, Unassigned

Utilities Available Cable - Available

Roof Type Shingle - Asphalt

Building

Foundation Poured Concrete, Slab - Concrete

Sewer Public


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Molly Smith

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+1(508) 980-9042

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69 Allen ST #Suite 5