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231 N Main Street, Rutland, Vermont

$1,695,000Active

231 N Main Street, Rutland, Vermont 05701
- MLS® ID: 4408691

Property Details

231 N Main Street, Rutland, Vermont 05701 - The USDA Forest Service has been a tenant since 1993, and is in the 1st yr year of the latest 3-yr renewal. Ample paved parking on-site. Two deeds in: Bk 261, Pgs 76-78, and Bk 292, Pgs 329-334. 4 of 5 HVAC roof units are recently new, and the parking lot has been re-sealed. A great 1031 replacement income property! Priced at a 8.7% Cap Rate applying a 7.5% vacancy (even though its been 100% occupied since 1993), and a 2.5% capital reserve assumptions.

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Amenities

  • Zip05701
  • CountyRutland
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Year built1983
  • Construction StatusExisting
  • SewerPUBLIC
  • HeatingHot Water
  • CoolingCentral AC
  • ParkingParking Spaces 21+
  • Tax year2017
  • MLS® ID4408691

Listing Courtesy of Ault Commercial Realty, Inc.

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