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List Price:$Commercial Property $124,500 | $101 per sq.ft.
198 North Main Street Rutland City VT | Space type
MLS# 5079214 -
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Listed by Ray Ault Ault Commercial Realty, Inc. RayAultVt@gmail.com on March 11th 2026
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DESCRIPTION
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Attractive 1,230 sf 1st 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 an 8-room dental office: reception room, reception office plus, 2 private offices, 3 patient treatment rooms plus smaller adjacent auxiliary service areas, plus storage room. Additionally Unit C-2 shares with other Units in bldg as "Limited Common Area" a large well-appointed 2nd floor client lounge with lots of natural light and a common break-room. 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. Operating Expenses include Condo Fees & Taxes as "Other" and condo fees include heat. Owner will seriously consider all offers!...Note: 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.
Sale Includes : Land/Building
Management Expense-| $0
Insurance Expense -| $0
Net Income| 12162
Gross Income| 26100
Price per SQFT | 101.22 -
CONSTRUCTION
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Wood Frame | Wood Siding
Price Per SQ.FT. 101.22
Year Built: 1974
Basement: Concrete Floor | Partial
Roof: Asphalt Shingle
Road Frontage: 263
Utilities: Cable Available
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
- Lot size: 1.43 acres
Zoned: GB-NMS Business)
Road Frontage: 263
ADDITIONAL INFORMATION
- Transport Info: City Street | Major Road Access | Public Transportation | State Highway | Paved
Docs Available : Association Docs | Deed | Plot Plan | Tax Map
Taxes $4,738 | Assesed Value $116,100 in 2018
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