List Price: $325,000 | $58 per sq.ft. Commercial
Space type
Under Contract Date Listed Tuesday Nov 28, 2023 | MLS# 4978807


Address: 24 Wales Street Rutland City VT
Listed by Alison McCullough Alison McCullough Real Estate
Description:
There is an opportunity to convert commercial space into residential units downtown. Take advantage of the growing trend of downtown living and create a unique living space. In a community where rental units or condominiums are sparse for folks wanting to move here whether to work from home or fill many jobs available. Zoned mixed-use, structural engineers report attached confirming integrity. The attractive floor plan can perfectly hold anywhere from five to seven apartments. Each unit already has plumbing to easily add a shower and kitchen. What's the old saying..."If you build it, they will come"! With all the housing market grant monies available in the State of Vermont and Rutland City explore and take advantage and increase the housing market.
Building Type : Investment | Multi-Family | Office | Opportunity | Other

Disability Features : Access Common Use Areas

Equipment : Sprinkler System

Misc : Living Space Available | Smoke/Heat Detectors | In-Unit Bathroom

Sale Includes : Building

Features
Signage: Some
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1870
Steel Frame | Brick Exterior
Price Per SQ.FT. 58.47 No. of Units: 6
Building Size : 5558
Available SQFT : 5558
Building Type: Investment | Multi-Family | Office | Opportunity | Other

ExteriorRoof: Flat | Membrane

InteriorSprinkler: Wet.

Land Information

Zoned: Commercial Mixed Use
Surveyed: Yes
SurveyedBy: Tim Schneller
No. of Docks | 0.

UtilitiesHeating: Heat Pump | Mini Split
Utilities: Telephone At Site
AC % | 0.

Additional Information
Taxes $0
Assesed Value Not Reported
Schools

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