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734 E US Route 4
Rutland, VT 05701

$87,600 USD

Office Condo For Sale  •  730 SF

Property Details

  • Property Type Office
  • Total Building Size 4,565 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1989
  • Tenancy Multiple
0 Transit Score
19 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 5 Office 730 SF $87,600 USD
  • Unit Size: 730 SF
  • Condo Use: Office
  • Price: $87,600 USD
  • Sale Type: Investment
  • Price/SF: $120.00 USD
Description
Attractive 3-Rm, 730 sq. ft., Gross Area, Professional Office Condominium, leased to a In-home nursing service: Cornerstone Caregiving East LLC

Sale Notes
Condo 5 for sale
Leased 12 Feb 2026
at $1,220/mo. , ($20.05/sf) Modified Gross
(Tenant pays Elect., WiFi, interior cleaning and tenant's insurance)
Owner Expenses: $570/mo.
NOI: $7,800
Cap Rate at $87,600 = 8.9%

Description 

FOR SALE: A Leased Professional Office Condominium Unit 5, Main Floor 730 sq. ft. 3 Rooms: $87,600...The Knollwood Professional Building is an attractive wood frame 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking (30 spaces,...1 per 152 sq. ft. of office space) makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to and from Killington and Pico Ski Resorts. ...Disclosures: Water from the on-site well tests at a low pH, and so office occupants are advised in not to drink the tap water, and to use bottled water for drinking and coffee making...Electric Service Main is 400 Amp....Review the Knollwood 1st Floor Plan to better understand the above offering for Sale.

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Ray Ault 802-353-1169 Ault Commercial Realty Inc
Ray Ault 802-353-1169 Ault Commercial Realty Inc