Listing courtesy of Ray Ault, Ault Commercial Realty, Inc. RayAultVt@g.mail.com
69 Allen Street, #Suite 5, Rutland City, VT, 05701
![69 Allen Street, #Suite 5, Rutland City, VT, 05701](/Content/Images/_Placeholders/staticmap.jpg)
1977
1,492 sqft
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.
Status:
Active
Type:
Commercial
Units:
5
Zoning:
Planned Office Park Dist.
Frontage:
100
Heating:
Baseboard, Hot Water, Oil
Cooling:
Central AC
Parking:
On-Site, Parking Spaces 6+, Paved, Unassigned
Est. Taxes:
$3,293
Construction
Wood Frame,Wood Siding
MLS #:
4997396