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Renovated Second-Floor Office Condo
For Sale
$86,900

198 North Main Street, Rutland, VT 05701

Renovated professional office condominium with private half-bath, efficient heat pumps, and shared lounge and break-room space.

Property Size8,100 SF
Price / SF$10.73
Days on Market296

Property Features for 198 North Main Street

General Information

Standard status Active
Size 8,100 SF
Property subtype Commercial

Building Details

Year Built 1974
Year Renovated 2020
Listing Agency: Ault Commercial Realty (RayAultVt@gmail.com)
Listed By: Ray Ault
Source: Aultcommercial
Added: Oct 31, 2025 Changed: Aug 21 Last Checked: Aug 21 at 11:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ault Commercial Realty (RayAultVt@gmail.com)

Investment Insights

Based on property information with market context.

This well-maintained professional office condominium is located on the second floor and is accessed via a walk-up. Renovated in 2020, the unit includes more than 1,200 square feet in seven rooms and features a private half-bath. The office is supported by two newly installed heat pumps, providing modern heat and air conditioning control. The building also includes a common ADA-compliant restroom on the first floor, along with shared access to a spacious lounge and break-room area. A recent Fire Safety inspection report is available.

The property is offered for sale, with the owner also willing to consider a lease. The condominium is part of an association where the board has voted to allow owners of the two second-floor units to install an enclosed wheelchair lift to make the second floor ADA compliant.

For prospective tenants or buyers, the layout suits a professional office user seeking distinct interior rooms, dedicated in-unit restroom service, and shared support space for breaks and meetings. The combination of 2020 renovations and newly installed heat pumps supports day-to-day comfort and operational control for office staff and visitors.

Key Highlights

  • Renovated 1974‑built professional office condo on the 2nd floor with 7 rooms and over 1,200 sq. ft.
  • Private half‑bath in the unit; 1st‑floor common ADA‑compliant restroom available.
  • Two newly installed heat pumps with heat and A/C controls.

Property Analytics

Current Use

Mc Donald William ... Dental Office DuBOFF DENTISTRY Dental Office William J. McDonald, ... Dental Office Brenner Steven M ... Dental Office Hyjek Barbara Dental Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Storage Facility Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 05701, VT

20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated professional office condominium with private half-bath, efficient heat pumps, and shared lounge and break-room space.
Where is this office units located?
The property is located at 198 North Main Street Rutland, VT.
What is the asking price?
The asking price for this property is $86,900.
What are key features of this property?
This property features: Renovated 1974‑built professional office condo on the 2nd floor with 7 rooms and over 1,200 sq. ft.; Private half‑bath in the unit; 1st‑floor common ADA‑compliant restroom available.; Two newly installed heat pumps with heat and A/C controls.
More about this property
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