List Price: $79,500 | $17 per sq.ft. Commercial
Space type Knollwood professional building subdivision,   
Date Listed Tuesday Oct 31, 2023 | MLS# 4976249


Address: 734 US Route 4 East Rutland Town VT
Listed by Ray Ault Ault Commercial Realty, Inc. RayAultVt@gmail.com
Description:
FOR SALE or LEASE: Three Professional Office Condominium Units, individually or in any combination at significant discounts: 1st Floor Unit 4 comprises the 311 sq. ft. East Wing of Bldg, being 1 office with private half bath: SALE: $37,500, or LEASE for $495/mo., Modified Gross Rent. 2nf Floor: Units 9 & 10: 747.4 sq. ft. (Gross Area, including share of common hall & restroom): Asking $40,500 for 509.6 sf #9, and $19,500 for #10,...but just $49,500 for 9 & 10 combined. Lease 9 & 10: $775/mo. + elec. The Knollwood Professional Building is an attractive 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking (30 spaces,...1 per 152 sq. ft. of office space) a perfect location for professionals and businesses wishing to be on a main route (US-4) on the East side of Rutland, the main access to Killington Ski & Golf Resort and Pico Ski Resort. ...Disclosures: Water from the on-site well tests slightly silted, and so office occupants are advised not to drink the tap water, and to use bottled water for drinking and coffee making...Electric Service Main is 400 Amp....Review the Knollwood 1st & 2nd Floor Plans to better understand this offering. Also offered for Sale or Lease by a different owner is adjacent 1st floor Office Unit 5 (See ML#4978296),...Currently available For Sale at $87,600.00 and For Lease at $1,050.00/mo., Modified Gross Rent. KNOLLWOOD NOW OFFERS OVER 2,000 SQ. FT. OF TRUE FLEX-SPACE!
Sale Includes : Land/Building

Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1989
Fiberglss Batt Insulation | Wood Frame | Clapboard Exterior | Wood Exterior
Price Per SQ.FT. 17.10 No. of Units: 11
Building Size : 4650
Available SQFT : 1059
Divisable SQFT : Yes
Divisable SQFT Min : 242

ExteriorRoof: Architectural Shingle

InteriorBasement: Concrete | Concrete Floor | Full | Storage Space | Unfinished

Land Information

Lot size: 1 acres
Zoned: None
Flood Zone: Unknown
Road Frontage: 160
Road Frontage: 160
No. of Docks | 0.

UtilitiesHeating: Baseboard | Hot Water | Multi Zone | Oil
Electric: 110 Volt | Other
Utilities: Cable Available
AC % | 0.

Additional Information
Docs Available : Association Docs | Lease Agreements | Plot Plan
Taxes $1,505
Assesed Value Not Reported
Schools

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