REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ray Ault • Ault Commercial Realty, Inc. • RayAultVt@gmail.com
$ 98,500
Est. payment /mo
New
198 North Main ST #C-4 Rutland City, VT 05701
1,396 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,396 sqft
Price per Sqft $70
MLS Listing ID 5071198
Year Built 1974
Annual Tax Amount $2,754
Tax Year 2026
Lot Size 1.430 Acres
Acres 1.43
Property Description
Attractive 1,396 sf 2nd Floor Professional Office Condominium at Pond Meadow Park in excellent high-traffic location with plenty of on-site parking (30 cars + or -), beautifully landscaped grounds and pastoral views across Tenney Brook. Currently configured as a 4-room law office: reception, conference room, large private office, plus smaller adjacent office, plus storage room. Additionally Unit C-4 shares with other Units in bldg as "Limited Common Area" a large well-appointed client lounge with lots of natural light and a common break-room. Owner successfully appealed the Property Tax Assessment from $116,100 to the current $67,500, reducing the annual tax from $4,738 to the current $2,755. Condo Association recently replaced the furnace, and upgraded the entry walkway, hallway and restrooms,...and installed insulated glass windows all around except in Unit 3. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Some office furnishings and equipment are available at an additional negotiable cost. Owner will seriously consider all offers!...Note: Although currently 2nd floor walk-up units, the Condo Association Board of Directors is on record having voted to allow either or both owners of Suites C-4 and C-5 to install at their sole expense a glass-enclosed chair lift from 1st floor to 2nd floor via the existing atrium modified to accommodate same, thereby making 2nd Floor handicapped accessible.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning GB-NMS Business
Body of Water Brook/Stream
Rooms
Basement Entrance Walk-up
Basement Concrete Floor, Partial
Interior
Inclusions Land/Building
Exterior
Utilities Available Cable Available
Water Access Desc Yes
Roof Type Asphalt Shingle
Building
Sewer Public
