Courtesy of Chris Long, BHG Masiello Brattleboro 802-257-1111
$475,000
15,000 plus sq. ft. commercial/office/retail/residential building on Main St in Downtown Bennington VT. On the ground level there are two prime street front retail spaces on Main Street one the long-term home of the Bennington Banner plus a 4,000 plus sq ft flex space in the rear of the building… Read More with great access consisting of open warehouse space ideal for light manufacturing (3 Phase Power), R & D, climate controlled storage, or if you are a service provider company (electrical, plumbing and heating, etc.) in need of more space for at grade storage of inventory, vehicles and offices with easy access it is ideal space to run a service business from. Significant renovations have been completed to the interior 2nd floor of the building. This space is roughly 6,000 sq ft and is a blank slate at present but has been prepped for a residential buildout including plumbing for bathrooms, fire alarm and full sprinkler system, electrical service and other new systems in place. Informal plans have configured 2 to 7 possible apartments in this space depending on size and cost vs. income analysis OR possibly a large in-town owners' residence with skiing, hiking and other year-round outdoor recreational opportunities in the Green Mountain National Forest and Lakes and Rivers within it just a short drive away. Final state and local permits required for finalized development plan. This space combined with the flex space and retail storefronts along main street would be an ideal mixed-use income property. If creating value and optimizing income with creative development of a fantastic building is intriguing, this is an unbelievable and very unique opportunity. At this price point it would be challenging to find another commercial/residential building of this size and condition with this much potential to be solid income property with tremendous equity gain in a very quick timeframe. Read Less
Listing Snapshot
/ Source: Home Junction
Days Online
154
Last Updated
Property Type
Single Family
Beds
6
Full Baths
4
Partial Baths
2
Square Ft.
9,000
Lot Size
0.28 Acres
Year Built
1900
MLS Number
5087015
30 Days Snapshot Of 05201
$240k
-19%
(avg) sold price
6
-45%
homes sold
12
-81%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage: Yes
Building
Basement: Yes, 10 rooms, Built in 1900, 9,000 total finished sqft, Total stories: 2, Construction status: Existing, 6,000 unfinished sqft above grade, 1,000 unfinished sqft below grade, 9,000 finished sqft above grade
Roof
Membrane
Basement
Basement access: Interior, Partial
Heating
Propane, Oil
Cooling
None
Utilities
Electric: 3 Phase
Garage
Garage: Yes, Garage capacity: 3
Lot
0.28 acres, 16,000 approx. sqft, 12,197 sqft
Parking
Driveway: Paved
Property
Flood Zone: Yes, Zoning: commercial, Seasonal: No
Sewer
Public
Taxes
Gross amount: $17,517
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