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Offered at $132,500Active
beds
baths
sq ft
Built
1974

198 N Main Street #C-3

Rutland City, VT 05701

Commercial Sale · Active · MLS #5096415
Listing Courtesy of Ault Commercial Realty, Inc. | Ray Ault

The home

About this home

This attractive 1,232 sf Professional Office Condominium at Pond Meadow Park offered FOR SALE at $132,500 and FOR LEASE* @ $12.32/sf, ($1,265/mo.), NNN, with Net Expenses estimated at $10.71/sf, ($1,100/mo) including heat. 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 5-room dental office: reception, private office, plus smaller adjacent office/lab, storage room patient servicing office areas (3). An accessible restroom is in the common area, and a non-ADA half-bath is within the 1232 sf of subject unit. Additionally Unit C-3 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 recently replaced the furnace, 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! Buy with as little as 15% down with SBA 504 Loan! *For Lease subject to existing tenancy agreeing to an early termination to be negotiated.

Property information

Details at a glance

Interior1 property facts
Heating
Forced Air, Oil
Building2 property facts
Style
Other
Year built
1974
Land & utilities4 property facts
Lot size
1.45 acres
Water
Public
Sewer
Public Sewer
Zoning
Gateway Business N Main S
Financial2 property facts
Annual taxes
$4,992
Assessment year
2026

Plan your purchase

Estimated monthly cost

Explore costs at the $132,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,086 / monthAdjust
Principal & interest
$670
Property tax
$416
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,992. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Rutland City.

This home compared with active listings in Rutland City
MetricThis homeLocal listings
List price$132,500$239,90045% below local
Price / sq ft
Days on market18499% below local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

Keep exploring

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Common questions

About 198 N Main Street #C-3

Can I request a private showing?

Request a tour of 198 N Main Street #C-3 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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