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439 Route 7 North, Rutland Town, VT 05701 439 Route 7 North 4,874 SF Retail Building Rutland Town, VT 05701 $337,500 ($69.24/SF)

Executive Summary
This newly painted Commercial building on the southwest corner of US Route 7 & McKinley Avenue, with 4,874 sq ft of heated area on the 1st floor is on a 1.4-acre Corner Lot 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. unheated, uninsulated 2nd floor in need of renovation. There is also a 960 ft. detached storage barn. Deed to subject property 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 structure on the adjacent parcel south and west of subject property. Subject property is located in a flood zone, the map for which is among the documents associated with this listing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,874 SF
Building Class
C
Year Built/Renovated
1800/1985
Price
$337,500
Price Per SF
$69.24
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.40 AC
Amenities
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $55,600 | |
| Land Assessment | $633,500 | Total Assessment | $689,100 |
Property Taxes
Parcel Numbers
Land Assessment
$633,500
Improvements Assessment
$55,600
Total Assessment
$689,100
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439 Route 7 North, Rutland Town, VT 05701 | 439 Route 7 North
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