69 Allen ST #Suite 5 Active Save Request In-Person Tour Request Virtual Tour
Rutland City,VT 05701
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $99
MLS Listing ID 4997396
Year Built 1977
Annual Tax Amount $3,293
Tax Year 2024
Property Sub-Type Office
Property 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.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Planned Office Park Dist.
Interior
Cooling Central AC
Inclusions Land/Building
Equipment Air Conditioner
Exterior
Parking Features On-Site,Parking Spaces 6+,Paved,Unassigned
Garage Description On-Site,Parking Spaces 6+,Paved,Unassigned
Utilities Available Cable - Available
Roof Type Shingle - Asphalt
Building
Foundation Poured Concrete,Slab - Concrete
Sewer Public