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$149,000 | $91 per sq.ft. Commercial Property, in 69 Allen Street Rutland City VT | Space type Office Condo 69 allen street office condominium bldg 1 subdivision,    MLS# 4997396



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Listed by Ray Ault Ault Commercial Realty, Inc. RayAultVt@gmail.com on May 23rd 2024
69 Allen Street Rutland City VT 05701

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.

Building Type : Office

Disability Features : Access Parking | No Stairs | One-Level Business | Paved Parking

Equipment : Air Conditioner

Sale Includes : Land/Building
Signage-| Adequate
Price per SQFT | 90.58 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS
CONSTRUCTION:
Wood Frame | Wood Siding | Price Per SQ.FT. 90.58 | Year Built: 1977
No. of Units-| 5
Building Size | 1645
Available SQFT | 1492
Building Type: Office
Roof: Shingle - Asphalt
Garage And Parking: On-Site | Parking Spaces 6+ | Paved | Unassigned
Road Frontage: 100
Heating: Baseboard | Hot Water | Oil
Cooling: Central AC
Electric: 100 Amp
Utilities: Cable - Available
No. of Docks | 0.
No. of Drive Doors | 1645.
AC % | 100.

LAND INFORMATION
ADDITIONAL INFORMATION
Lot size: 0 acres
Zoned: Planned Office Park Dist.
Road Frontage: 100
 Transport Info: City Street | Public Transportation | Paved
Docs Available : Association Docs | Deed | Tax Map
Taxes $3,293  | Assesed Value $0 in
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PO Box 280 Rte 5
Ascutney, VT 05030
Telephone (802) 674-6311
(800) 542-5188
Fax (603) 674-6120
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Copyright © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 4th, 2025
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