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Courtesy of Mike Kalil of Watson Realty & Associates.

230 N Main Street

Rutland City, VT 05701
  • $2,100,000
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 4904815
UPDATED: 22 min ago
$2,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Description

Tenneybrook Square is an exceptional Retail/Office Plaza on busy route 7 highway and just north of Route 4 intersection with route 7, this strip has 4 buildings with over 24,000 sq. ft. gross leasable area and plenty of parking on just under4 acres. The front building #1 with slate facade is 9,408 sf on one floor leased by Goodwill, northwest corner building #2 with 3,149 sf (1,968 sf 1st floor + 1,181 loft area); leased by Vermont Gaming Academy, middle-north building #3 has 5,376 sf (2,688 1st floor(was leased by Heritage Family Credit Union for years}+ 2,688 2nd floor which is two parts, West side is leases by Criterium-Lalancette engineers & East side is Vacant ), the rear building #4 has 6,784 sf (3,584 on 1st floor + 3,200 sf on 2nd floor) both are leased by Community Care for years, and a small building ine middle of the lot is an ATM building rentedby Heritage Family Credit Union Cap Rate: 10.5% using ProForma Income@ $8.75/sf, NNN, there is also a lot in the back which could be leased to Green Mountain power for solar panels energy or utilized for anything else.

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-12-09T18:05:53.953.
www.livingvermont.com/homes/127616337
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230 N Main Street Rutland City, VT 05701

  • Price: $2,100,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 22 min ago
  • MLS #: 4904815
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1978
Built
Neighborhood:
Rutland City
County:
Rutland
Area:
Rutland City
Property Description
Tenneybrook Square is an exceptional Retail/Office Plaza on busy route 7 highway and just north of Route 4 intersection with route 7, this strip has 4 buildings with over 24,000 sq. ft. gross leasable area and plenty of parking on just under4 acres. The front building #1 with slate facade is 9,408 sf on one floor leased by Goodwill, northwest corner building #2 with 3,149 sf (1,968 sf 1st floor + 1,181 loft area); leased by Vermont Gaming Academy, middle-north building #3 has 5,376 sf (2,688 1st floor(was leased by Heritage Family Credit Union for years}+ 2,688 2nd floor which is two parts, West side is leases by Criterium-Lalancette engineers & East side is Vacant ), the rear building #4 has 6,784 sf (3,584 on 1st floor + 3,200 sf on 2nd floor) both are leased by Community Care for years, and a small building ine middle of the lot is an ATM building rentedby Heritage Family Credit Union Cap Rate: 10.5% using ProForma Income@ $8.75/sf, NNN, there is also a lot in the back which could be leased to Green Mountain power for solar panels energy or utilized for anything else.
Exterior Features

Construction MasonrySteel FrameWood Frame Exterior OtherWood Siding Road Frontage Yes Roof OtherShingle - Architectural

Interior Features

Basement No Basement Description None Cooling Central Ac Foundation Concrete Sq Ft Total Building 24717

Property Features

Accessibility Features Access Parking Building Number 4 Commercial Features In-Unit Bathroom Covenants No Foreclosed / Bank Owned / REO No Gross Income 301600 Net Income 221239 Pre Construction No Sale Includes Land/Building Sewer Public Span Number 540-170-11419 Sub Property Type OfficeOtherRetail Tax Gross Amount 45336.88 Tax Year 2022 Utilities Cable - AvailableHigh Speed Intrnt -AtsiteTelephone Available Vacant Land No Water Public Zoning Commercial

Courtesy of Mike Kalil of Watson Realty & Associates: [IDXCONTACTINFORMATION].


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-12-09T18:05:53.953.
 
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