Rutland Town, VT 05701,734 US Route 4 East
Listed by Ray Ault • Ault Commercial Realty, Inc. • [email protected]
Bought with Ray Ault • Ault Commercial Realty, Inc.

$63,000

Est. payment /mo

$75,000

16.0%
Est.Price: ?

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734 US Route 4 East Rutland Town, VT 05701

1,311 SqFt

SOLD DATE : 01/25/2021

Key Details

Sold Price $63,000

Property Type Commercial

Sub Type Investment,Office,Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,311 sqft

Price per Sqft $48

MLS Listing ID 4646837

Sold Date 01/25/21

Year Built 1989

Annual Tax Amount $1,596

Tax Year 2021

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Investment,Office,Other

Property Description

Investment opportunity: Fully Leased, Four Professional Office Condominium Units offered as a package: 1,311 sq. ft: Unit 4: 311 sq. ft. on main floor with private bath and front and rear entry doors; Units 9, 10 & 11 comprise the full 2nd floor of the bldg, and share a stairway, hallway and bath. Built in 1989,the Knollwood Professional Building is an attractive wood frame 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to Killington and Pico Ski Resorts. Water from on-site well tests slightly silted, and so office occupants are advised in Leases not to drink the tap water, and to use bottled water for drinking and coffee making. All Units currently leased, is also available for purchase: Unit 4, main floor 311 sf, asking $24,500 alone; Units 9, 10 & 11, 2nd floor walk-up, 1,000 sf, must be purchased together, asking $57,500; All 4 of the above Units, total 1,311 sf, are available for $75,000.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning None

Rooms

Basement Entrance Walkout

Basement Concrete, Concrete Floor, Full, Storage Space, Unfinished

Interior

Heating Oil

Equipment Window AC

Exterior

Exterior Feature Clapboard, Wood

Parking Features On-Site, Parking Spaces 21+, Paved

Garage Description On-Site, Parking Spaces 21+, Paved

Utilities Available Cable - Available

Roof Type Shingle - Architectural

Building

Foundation Poured Concrete

Sewer Private, Public Sewer On-Site

Water Drilled Well, On-Site Well Exists

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