Bought with Ray Ault • Ault Commercial Realty, Inc.
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72 Merchants Row Rutland City, VT 05701
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Key Details
Sold Price $40,000
Property Type Commercial
Sub Type Office,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,024 sqft
Price per Sqft $39
MLS Listing ID 4385841
Sold Date 03/31/17
Construction Status Existing
Year Built 1900
Annual Tax Amount $3,002
Tax Year 2017
Property Sub-Type Office,Retail
Property Description
A 3-Story Brick bldg with 1,024 sq. ft. (960 sf Net Area) of finished retail space on 1st floor, dimensions: 16' x 64'. Unfinished 2nd and 3rd floors need total renovation, including all new window frames and windows. Deeded access to back of bldg from the Transit Center. Great possibilities for development of upper floors. Adjacent to the Green Mt Power Energy Innovation Center, representing a $1.5 million+ investment in downtown. Currently no heating system, nor A/C. Power company recommends installing a new Heat Pump for both heating and air conditioning providing the most economical operation. Membrane roof and roof cap of common wall with GMP need work. Buyer should have buyer's engineer inspect entire bldg for complete analysis of condition of property.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Downtown Busine
Rooms
Basement Entrance Walk-up
Basement Concrete Floor, Dirt Floor, Full
Interior
Heating Oil
Exterior
Exterior Feature Brick
Parking Features None
Garage Description None
Utilities Available Cable - Available
Roof Type Membrane
Building
Foundation Brick, Fieldstone
Sewer Public
Water Public
Construction Status Existing
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