This newly painted Commercial building on the southwest corner of US Route 7 & McKinley Avenue, with 4,874 sq ft of heated area on the 1st floor is on 1.4 acres strategically located at the north â??Gatewayâ? to Rutlandâ??s business area . It is currently leased by an appliance dealer, Rutland Appliance, Inc., but could be occupied by the business of a buyer with reasonable notice to tenant allowing them to relocate their business. Not included in the above bldg square footage is the 1760 ft.² unheated, uninsulated 2nd floor in need of renovation. There is also a 960 ft.² detached storage barn. Deed to subject property is subject to a right of way over and along the roadway or driveway, formerly known as the â??old Mill Roadâ?? across the southeasterly portion of Subject property. Said right of way runs southwesterly from US Route 7 to a structure on the adjacent parcel south and west of subject.property. Subject property is located in a flood zone, the map for which will be among the documents associated with this listing.
Attractive 3-Room 730 sf Office Condominium on main floor of Knollwood Professional Bldg. For Sale or Lease: ($1,050/mo., modified gross rent: tenant pays electricity, telecom, tenant`s insurance and interior cleaning) A great park-at-your door professional office with oak-trimmed entry. Handicapped accessible*. Rear deck facing brook. A real gem of an office and location! Also available: Adjacent Unit 4, a 1-Rm 310 sf Office with private 1/2 bath For Sale or Lease: $37,500, or $495/mo., modified gross rent. (See: ML#4976249); Combine Units 4 & 5 for 1,040 sf ! DISCLOSURES: 1. * Although believed handicapped accessible because wheelchair users have used the common half-bath, with proper toilet height, grab bars and fin-faucets, serving the main floor of the center core of bldg, it does not meet current ADA rules requiring a 5-ft turnaround area in front of the toilet; and Property Mgt will remove the under-sink cabinet to comply; 2. The Water Supply, via a drilled well (see Well Report in linked documents); water quality tested July 2025, was found to have too high a pH (alkaline, the opposite of acidic), is fine for washing hands and dishes; and while a treatment system could be installed, the Knollwood Bd of Directors polled owners who said they prefer bottled; So Owners and Tenants are advised to use bottled water; 3. Fireplace in the middle room, unused in 30+ years, so prospective buyer or tenant should have that inspected by a fireplace chimney professional.
FOR SALE or LEASE: Three Professional Office Condominium Units, individually or in any combination at significant discounts: 1st Floor Unit 4 comprises the 311 sq. ft. East Wing of Bldg, being 1 office with private half bath: SALE: $37,500, or LEASE for $580/mo., Modified Gross Rent. 2nd Floor: Units 9 & 10: 747.4 sq. ft. (Gross Area, including share of common hall & restroom): Asking $31,500 for 509.6 sf #9, and $15,000 for #10,...but just $43,500 for 9 & 10 combined. Lease 9 & 10: $775/mo. + elec. All 3 Units for just $76,500! The Knollwood Professional Building is an attractive 4,565 sq. ft. office building with 3 levels. Ample on-site paved parking (30 spaces,...1 per 152 sq. ft. of office space) a perfect location for professionals and businesses wishing to be on a main route (US-4) on the East side of Rutland, the main access to Killington Ski & Golf Resort and Pico Ski Resort. ...Disclosures: The Water Supply, via a drilled well (see Well Report in linked documents); water quality tested July 2025, was found to have too high a pH (alkaline, the opposite of acidic), is fine for washing hands and dishes, but use of bottled water is recommended; ....(Review the Knollwood 1st & 2nd Floor Plans). Also offered for Sale or Lease by a different owner is adjacent 1st floor Office Unit 5 (See ML#4978296),...Currently available For Sale at $87,600.00 and For Lease at $1,050.00/mo., Modified Gross Rent. KNOLLWOOD NOW OFFERS OVER 1,500 SQ. FT. OF TRUE FLEX-SPACE!
The 178-acre site of the former Thomas Dairy is ready for its next chapter with approximately 55,000 square feet of industrial, warehouse and barn space, as well as a 2-unit residential farmhouse. Tremendous potential for another farm enterprise to carry on the multi-generational agricultural legacy of the property, or utilize the existing structures for multiple smaller tenants or storage. Beautiful views abound across the property, providing opportunity for upscale housing development.
Rutland Town is located in Vermont. Rutland Town, Vermont has a population of 7,967.
The median household income in Rutland Town, Vermont is $51,868. The median household income for the surrounding county is $59,751 compared to the national median of $69,021. The median age of people living in Rutland Town is 48.7 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 43 inches per year, with 77.8 inches of snow per year.