Bought with Ray Ault • Ault Commercial Realty, Inc.
$63,000
$75,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
734 US Route 4 East Rutland Town, VT 05701
1,311 SqFt
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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