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198 N Main Street, #C-2, Rutland City, VT, 05701 | $124,500
This attractive Leased 1, 188 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE with Net Expenses estimated at $10. 10/sf, ($1, 100/mo) including heat. Lease was recently renewed through July 2028. In excellent high-traffic (15, 000 ADT rounded) location with plenty of on-site parking (30 cars + or-), beautifully landscaped grounds and pastoral views across Tenney Brook picnic area. Currently configured as a 7-room dental office: reception area and office, private office, plus smaller adjacent office/lab, storage room and patient servicing offices (3) and imaging area. Two accessible restrooms are in the common area, and a non-ADA half-bath is within the 1188 sf of subject unit. Additionally Unit C-2 shares a large well-appointed client lounge with plenty of natural light, a common break-room and an approx. 6'x8' storage closet. The Condo Owners Association made fire-safety upgrades in 2019, replaced the furnace earlier, and most windows with insulated glass and upgraded the entry walkway, hallway and restrooms. Subject unit has an undivided 6. 59% interest in the land, and a 20% interest in the Commercial Office Bldg. Owner will seriously consider all offers!
Features
- Construction: Wood Exterior
- Parking: On-Site
- Heating: Forced Air,Oil
- Zoning: Gateway Business N Main S
- Frontage: 245
- Year Built: 1974
- Approx Sq. Feet: 1,188
- Acreage: 1.45
- Est. Taxes: $4,738
- MLS#: 5071196
- Website: https://www.raveis.com
/prop/5071196/198nmainstreet_rutlandcity_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/15/2026Listing courtesy of Ault Commercial Realty, Inc. Phone: 802-773-0600
Listing Agent: Ray Ault
William Raveis Family of Services
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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617.320.5687
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
198 N Main Street, #C-2, Rutland City, VT, 05701
$124,500
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $99,600 | $99,600 | $99,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $395 | $395 | $395 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $573 | $597 | $794 |
| Total Monthly Payment | $1,043 | $1,067 | $1,264 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484