198 N Main Street C-3, Rutland City, VT 05701
Pond Meadow Park · Rutland County
Key Facts
Presented by: Ray Ault - RayAultVt@gmail.com
Description
This attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE at $132,500 and FOR LEASE* @ $12.32/sf, ($1,265/mo.), NNN, with Net Expenses estimated at $10.71/sf, ($1,100/mo) including heat. 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 recently 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! *For Lease subject to existing tenancy agreeing to an early termination to be negotiated.
Property Information
Property Type
Commercial Sale
Year Built
1974
Living Area
1,230 sq ft
Lot Size
1.45 acres
Zoning
Gateway Business N Main S
Days on Market
1
MLS® Listing#
5096415
Property Features
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$4,992
Tax year 2026
Directions
North on Main Street, right turn into Pond Meadow complex, and stay far right. The front bldg in the complex is the Commercial Office bldg. Go in front door and Office is immediately on the left.
Affordability Calculator
$26,500
Estimated monthly payment
$705/mo
Principal $106,000 · Est. interest $147,879 over 30 yrs
Location
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 198 North Main Street C-4, Rutland City, VT | $98,500 | — | — | 1,396 |
| 0 McKinley Avenue 2A, Rutland Town, VT | $99,500 | — | — | — |
| 0 McKinley Avenue 2A, Rutland Town, VT | $99,500 | — | — | — |
| 29 Curtis Avenue, Rutland City, VT | $101,899 | 3 | 2 | 911 |
| 29 Billings Avenue, Rutland City, VT | $101,899 | 3 | 2 | 911 |
| 00 Castleton Road, West Rutland, VT | $104,900 | — | — | — |
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