This 1, 471 sq. ft. Professional Office Condominium is For Sale as an investment. Currently Leased through 14 October 2027 at $10.61/sq ft., ($1,300/mo), NNN, rising to $14.04/sq. ft., ($1,720/mo.), NNN, through the 5th year of the Lease; yielding an average annual Cap Rate of 9.4%. Nets including Prop. Taxes, Condo Fees and water/sewer run about $950/mo., plus propane heat and electricity.; for a total monthly gross rent of $2,250, in the 1st year. It is conveniently located directly across from the hospital accessed by a well-traveled road crossing walkway. It is located among many medical professional offices. The shared basement allows for a good amount of storage space, over and above the sq. ft. stated above. There is ample parking for both staff and patients/clients. The Allen Street Commons Condominium Complex is one of the most desirable in the City of Rutland, and tends to command well above average office lease rates and sale prices per sq. ft. Owners have made available a complete Sellers Property Information Report, which includes helpful information on major components and systems, with comments on past work by various contractors.