Listing Provided Courtesy Of:
Ray Ault with Ault Commercial Realty, Inc..

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

MLS: 4408691   Type: Commercial   County: Rutland   City: Rutland City   Area: Rutland   Zip: 05701   Style: Office,Retail     Taxes: $40,257

Mortgage $7,958 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

17,972

1.54

1983

The USDA Forest Service has been a tenant since 1993. 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 12.0% Cap Rate applying a 10% vacancy (even though its been 100% occupied since 1993), and a 2.5% capital reserve assumptions.

Elementary School

Middle School

High School

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Price History

7/5/2018 Listed $1,695,000

Construction Masonry, Wood Frame
Construction Status Existing
Features - Accessibility 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
Transport/access City Street, Public Transportation, State Highway
Type Commercial Sale
Zoning GtwyBusinessNMS

Interior Features

Basement No
Basement Description None
Ceiling Height -10
Cooling Central AC, Multi Zone
Heating Hot Air, Hot Water, Multi Zone
Heating Fuel Gas - LP/Bottle
Total Number of Units 1

Exterior Features

Exterior Stucco, Wood Siding
Foundation Poured Concrete, Slab w/ Frost Wall
Lot Size Area 1.54
Parking Garage, On-Site, Parking Spaces 21+, Paved, Unpaid
Road Frontage Yes
Road Frontage Length 342
Roof Membrane, Other
Sewer Public
Sprinkler Wet
Total Drive-in Doors 6
Water Public

Property Schools



Direct Link:

http://www.realestatevt.com/property/85-4408691-231-N-Main-Street-Rutland-City-VT-05701

Gallery (5 photos)

Listing Provided Courtesy Of:
Ray Ault with Ault Commercial Realty, Inc..

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Property vs Zip Code Avg (05701)

Price 1.69M Avg 379K

Sqr Feet 17,972 Avg 6,476

Cost / Sqr Ft $94 Avg $59

Taxes $40,257 Avg $7,583

Acres 1.54 Avg 4.69

Visits 1 Avg 3

Days on Site 1,219 Avg 499

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Listing Provided Courtesy Of: Ray Ault with Ault Commercial Realty, Inc..




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Location & Address

Element Real Estate
139 Bank Street
Burlington, VT
802-391-9423
802-881-0157