This attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE well below its City-Appraised $124,500; and FOR LEASE @ $12.18/sf, ($1,245/mo.), NNN, with Net Expenses estimated at $11.36/sf, ($1,166/mo) including heat & electric. In excellent high-traffic (15,000 ADT rounded) location with plenty of on-site parking (30 cars + or-), beautifully landscaped grounds and pastoral views across Tenney Brook picnic area. Currently configured as a 5-room dental office: reception, private office, plus smaller adjacent office/lab, storage room patient servicing office areas (3). An accessible restroom is in the common area, and a non-ADA half-bath is within the 1232 sf of subject unit. Additionally Unit C-3 shares a large well-appointed client lounge with plenty of natural light, a common break-room and an approx. 6'x8' storage closet. The Condo Owners Association re-surfaced the roof about 10 years ago, replaced the furnace, and upgraded the entry walkway, hallway and restrooms. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Owner will seriously consider all offers! Buy with as little as 15% down with SBA 504 Loan!
MLS# | 4941426 |
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Listing Type | For Sale |
Building Name | Pond Meadow Park |
Sub-Type | Resale |
Status | Active |
Year | 1974 |
Days On Site | 424 |
Listing Provided By | Ault Commercial Realty, Inc. | Ray Ault |
SQ Feet | 1,230 |
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Basement | Y |
Zoning | Gateway Business N Main S |
Acreage | 1.45 |
State | VT |
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County | Rutland |
City | Rutland City |
Zip Code | 05701 |
Listing VS Median (in 05701) | |
Price: $118,000 low | high Med: $299,000 SqFt: 1,230 low | high Med: 2,310 $ / SqFt: $96 low | high Med: $129 On Site: 424 low | high Med: 13 |