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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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439 Us Route 7 N , Rutland Town, VT 05765
$275,000
Est. Payment: $611.11/mo
0 Bed
0 Bath
4194 Sqft
Status: Active | Days on site: 375
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House Description

This Commercial building on the southwest corner of US Route 7 & McKinley Avenue, with 4,194 sq ft of heated area on the 1st floor is on 1.4 acres is strategically located at the north “Gateway” to Rutland’s business area. It is currently leased by an appliance dealer, Rutland Appliance, Inc., but could be occupied by the business of a buyer with reasonable notice to tenant allowing them to relocate their business. Not included in the above bldg square footage is the 1760 ft.² unheated, uninsulated 2nd floor in need of total renovation. There are also an unheated 672 sf attached garage with 13 ft high ceiling, a rear attached 416 sf storage shed and a 960 ft.² detached storage barn. Deed is subject to a right of way over and along the roadway or driveway, formerly known as the “old Mill Road“ across the southeasterly portion of Subject property. Said right of way runs southwesterly from US Route 7 to a dwelling on the adjacent parcel south and west of subject property. An estimated 10% of subject property, along East Creek, its westerly boundary, is located in a flood zone, the map for which is among the documents associated with this listing. Buyers intending to change the use of the 1st floor to other than retail, or renovate the 2nd floor into residential apartments, may be required to connect to the municipal sewer line between subject bldg and US-7, subject to permits and fees attendant to doing so. Seller has no specs on the onsite water well adjacent the exterior of the north wall of bldg adjacent tenant's office area. Seller's excavating contractor confirmed he installed a 500 gallon concrete septic tank somewhere on the North half of the property, but we have no site plan locating that.

Highlights

Listed by Ray Ault , 802-773-0600 Ault Commercial Realty, Inc. , 802-773-0600.

Property Type

Commercial Sale

Lot/Acreage
1.4

HOA Fee

11

County

Rutland

Listing ID

5057146

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Wall AC Units
Fireplaces:
Below Ground Sq Ft:1
Basement:Yes,Concrete Floor,Partial,Unfinished,Interior Access

Exterior Features

Lot:Near Public Transport,Corner,Waterfront,East Creek, Waterbody Type: River, Waterbody Access: Shared
Zoning:None
Roof:Asphalt Shingle,Slate
Sewer:500 Gallon,Concrete,Existing Leach Field
Parking Features:Driveway,On-Site
Principal Interest
$611
Taxes
$516
HOA
$11

Home Price

$275,000

Loan Details

30 yrs
%

Down Payment

20%
$55,000
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Monthly Price:
$611.11

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $611.11 $516.15 $11.00 $1,138.26
Yearly $7,333.33 $6,193.83 $132.00 $13,659.16
Total $220,000.00 $185,814.90 $3,960.00 $409,774.90

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rutland Town, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.