This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,800,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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.
Full Property Details
Full Property Details for 230 N Main St
General
- Sold For: $1,800,000
- Taxes: $45,336 (2022)
- Status: Closed
- Type: Retail
- Source: PrimeMLS
- MLS ID: 4904815
- Added to Site: 1, 455 day(s) ago
Location
- County: Rutland
Heating & Cooling
- Cooling Type: Central AC
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Masonry, Steel Frame, Wood Frame
- Exterior Const.: Other, Wood Siding
- Basement Desc.: None
- Roof: Other, Shingle - Architectural
- Square Feet: 24,717
- Year Built: 1978
Unit Information
- Units in Building: 7
Lot Features
- Frontage: Yes Road Frontage
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $72.82
- Tax Amount: $45,336.88
- Tax Year: 2022
Timeshare
- Fractional Own: Adequate
Disclosures and Reports
- APN: 540-170-11419
Listed and Sold by Watson Realty & Associates, Mike Kalil
Get Pre-Approved Today
Price & Sales History for 230 N Main St
Date
Details
Price
Change
Source
4/17/2023
Sold
$1,800,000
-14.29%
MLS
4/12/2022
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
230 N Main Street, Rutland City, VT 05701 (MLS# 4904815) is a Retail property that was sold at $1,800,000 on April 17, 2023. Want to learn more about 230 N Main Street? Do you have questions about finding other Retail real estate for sale in Rutland City? You can browse all Rutland City real estate or contact a Coldwell Banker agent to request more information.
