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Listed by Ray Ault • Ault Commercial Realty, Inc. • RayAultVt@gmail.com
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Active
24 Wales ST #1 Rutland City, VT 05701
1,160 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,160 sqft
MLS Listing ID 5071873
Year Built 1870
Property Description
A great Downtown Location for your business! Lease this attractive streetfront space with front patio table seating and a few interior seats, for a reasonable downtown rent of just $11.00 per sq. ft., ($1,065/mo., NNN, with the Net Expenses estimated at $956/mo., a total of $2,000/mo., rounded),...plus, paid direct to vendors: heat, electric, WiFi, interior cleaning, maintenance and snow & trash removal. PROSPECTIVE TENANTS ARE ENCOURAGED TO MAKE AN OFFER TO LEASE WITHIN THEIR BUDGET. In a recently renovated Condominium building, this restaurant is still operating to cover carrying costs and management. It had been a Domino's Pizza site for decades. So a prospective tenant will find most equipment needed to re-open as a small restaurant, take-out or any business allowed by zoning and condominium documents. Or it could be re-purposed as a very accessible 1st floor residential condo. Upstairs, former offices have been renovated into high-end residential units. With a new major hotel under construction across Wales Street through 2026 and much of 2027, on-street parking will likely be curtailed from time to time.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning DB - Downtown Business
Exterior
Utilities Available Cable at Site, Propane
Roof Type Flat,Membrane
Building
Sewer Public
