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230 N Main StreetRutland City, VT 05701Price: $2,100,000

  • Price: $2,100,000
  • 343 Days on Market
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Federal 30-year interest rate: 6.6% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,100,000List Price
  • 24,717Square Feet
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Listed by Mike Kalil of Watson Realty & Associates
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 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real 2estate displayed on this display comes in part from the IDX Program of New England Real Estate Network. The information being provided is for consumers’ personal, non- 3commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last 4updated March 20, 2023 2:24 PM EDT

 

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