172 South Main Street Rutland City, VT $ 625,000
172 South Main Street
$ 625,000
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172 South Main Street

Rutland City, VT, 05701
$ 625,000
Baths0.0 Sq 9,132

Monthly Estimate*

$ 4,366

Listed by Mike Kalil, Watson Realty & Associates, 802-773-3500, mike.kalilrealestate@gmail.com
172 South Main Street, Rutland City, VT 05701 - Image 1
172 South Main Street, Rutland City, VT 05701 - Image 2
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172 South Main Street, Rutland City, VT 05701 - Image 4
172 South Main Street, Rutland City, VT 05701 - Image 5
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172 South Main Street, Rutland City, VT 05701 - Image 7
172 South Main Street, Rutland City, VT 05701 - Image 8
172 South Main Street, Rutland City, VT 05701 - Image 9
172 South Main Street, Rutland City, VT 05701 - Image 10
172 South Main Street, Rutland City, VT 05701 - Image 11
172 South Main Street, Rutland City, VT 05701 - Image 12
172 South Main Street, Rutland City, VT 05701 - Image 13
172 South Main Street, Rutland City, VT 05701 - Image 14
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172 South Main Street, Rutland City, VT 05701 - Image 17
172 South Main Street, Rutland City, VT 05701 - Image 18
Studio Commercial Property for sale in Rutland City, VT for $625,000. This 9,132 square foot building was built in 1900 on a lot size of 0.6.

Own this great investment opportunity in the most prime location in rutland, located in a small strip mall with viable successful businesses, occupying this property one very successful business as a tenant (StoneHedge Indoor Golf)although this property currently is a 2 unit property, unit 1. on1st floor is about 7500 SF unit 2. is on the 2nd floor is about 1700 SF , currently the tenant is renting both spaces, but for the future , this property can easily be divided to two unites on the first floor, conveniently there are two main entrances one on each end of the building with its own parking and of course upstairs unit have its own entrance as well . there are currently 3 large bathrooms and handicapped accessibility. Current cap rate at asking price is 8% NNN lease

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Commercial Contingent

Price

$ 625,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,202

Style

Investment,Retail

Lot Size

0.6

Year Built

1900

Town/City

Rutland City

County/Region

RUTLAND

MLS | Web ID

4978880

Features
Interior
Basement Description Concrete Floor
Basement No
Heating Fuel Oil
Total Number of Units 2
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General
Road Frontage Yes
Sewer Public
Heating Forced Air
Cooling Central AC
Utilities Telephone Available
Roof Flat Membrane
Parking On-Site Parking Spaces 21+ Paved
Flood Zone No
Zoning commericial
Status Under Contract
Year Built 1900
Electric 200 Amp Circuit Breaker(s)
Building Number 1
Net Income 49200
Tax Year 2023
Area VT-Rutland
Seasonal No
Price Per Sq Ft 68.44
Tax Gross Amount 16202.4
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Exterior
Lot Size Area 0.6
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* Excluded Features
List By
Mike Kalil

Listing Agent

Watson Realty & Associates

Broker

(802) 773-3500

Phone

mike.kalilrealestate@gmail.com

Email

Affordability Calculator

$5,716
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
$1,350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2023$625,000 Listed Price

Map


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172 South Main Street, Rutland City, VT, 05701 is a Commercial Property for sale at $625,000 with 9,132 sqft and a lot size of 0.6. 172 South Main Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 05701 which is in Rutland City, VT