54 WOODSTOCK AVENUE Rutland City, VT 05701 | Commercial Sale | Business, Office, Opportunity, Other, Retail

$450,000

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2 sqft.
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Description

Free Standing one floor building currently it's 2 units but it could be divided a few spaces if desired, unit 1 is perfect for a medical office where its has over 10 offices and 2 bathrooms along with receptions area , currently it is an office for insurance leasing for $36,535 NNN annually, with 3 years lease remaining and willing to stay longer, this building is owned by them 2nd unit was used for years for a mortgage company the lease was for $6000 a year, the insurance company NPT is willing to vacate or stay for the new buyer, Great location in town and Well cared for, paved parking lot for 20+ cars.

Property Details

List Price $450,000 List Date 2024-02-12 MLS ID 4984770 Status Active Property Type Commercial Sale Business Type Business, Office, Opportunity, Other, Retail County VT-Rutland Days on Market 0

structure

basement Yes Total Baths 0 building area total 2.0 building area units Square Feet construction materials Wood Frame cooling Central AC foundation details Poured Concrete heating Baseboard living area 2.0 living area units Square Feet roof Shingle - Asphalt stories 1 year built 1989

characteristics

current use Free Standing Building, Office Condo # of Units 2

tax

tax annual amount 10581.8 tax year 2024 zoning Commercial

financial

gross income 42536.0 net operating income 42636.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 1.5 Buyer Agency Comp. Type % Non-Rep Comp. 3.5 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 2/12/2024 9:02:18 PM (UTC)