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Leased Medical Office Condo Suite
For Sale
$126,500

69 Allen Street, Rutland, VT 05701

Medical office suite with exam rooms, private offices, and an exterior exit, offered as a leased investment.

Property Size1,645 SF
Price / SF$76.90
Days on Market402

Property Features for 69 Allen Street

General Information

Standard status Active
Size 1,645 SF
Property subtype Commercial

Building Details

Year Built 1977
Listing Agency: Ault Commercial Realty (RayAultVt@gmail.com)
Listed By: Ray Ault
Source: Aultcommercial
Added: Jul 24, 2025 Changed: Aug 28 Last Checked: Aug 28 at 4:30PM

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.

Suite 5 is a leased medical office condo located in Building 1, offering approximately 1,492 square feet of finished space. The suite features an air-lock entry with coat racks, a large reception and waiting area, three exam rooms, two private offices, and two storage closets. One of the private offices includes an exterior exit.

The 69 Allen Street professional office condominium has undergone exterior and site improvements, including recently re-painted building exteriors, roof inspections, re-landscaped grounds, and re-paved driveways and parking. The property is conveniently located just down the road from the Regional Hospital.

The suite is currently under a lease with four years remaining in the term. The tenant has freshly painted the walls and installed new carpeting and vinyl floor coverings. Net expenses are estimated at $6.50/sf, plus heat and electricity.

Key Highlights

  • 1492 SF medical office condo (Suite 5) in Building 1, leased with 4 years remaining on the term
  • 3 exam rooms plus a large reception and waiting room, with 2 private offices and 2 storage closets
  • Air‑lock entry with coat racks, plus exterior exit from the larger private office

Property Analytics

Current Use

Foley Elizabeth H ... Physician Friedman Robert DDS Dental Office Hirschberg Roger DDS Dental Office Dr. Jeri L. ... Dental Office Our House Residential ... Community Center

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

1,059
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suite with exam rooms, private offices, and an exterior exit, offered as a leased investment.
Where is this medical office space located?
The property is located at 69 Allen Street Rutland, VT.
What is the asking price?
The asking price for this property is $126,500.
What are key features of this property?
This property features: 1492 SF medical office condo (Suite 5) in Building 1, leased with 4 years remaining on the term; 3 exam rooms plus a large reception and waiting room, with 2 private offices and 2 storage closets; Air‑lock entry with coat racks, plus exterior exit from the larger private office
More about this property
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