Bennington, VT | 425 Main Street

$575,000
MLS#: 5011017
0.28
Acres
50
Road Frontage
15,179
SQ. Feet
$15,178
Taxes
1 of 3

General Property Information

Price:
$575,000
Property Status:
Active
County:
VT-Bennington
Agency/Brokerage:
Chris Long
BHG Masiello Keene

Located in the heart of downtown Bennington VT sits this 15,000 plus sq. ft. commercial/office/retail building. This versatile building is able to conform to many uses and configurations. Currently there are two anchor tenants on the main level street front retail spaces and a large open warehouse in the back with its own access from a back side street that is approx. 4,000 sq. ft. with overhead door and other access for deliveries/ parking. This space has 3-phase power, tall ceilings and a ton of potential including indoor parking if the second floor was to be built out into residential units. Significant renovations have been completed to the interior and exterior of the building. The fire suppression system and alarm has been completely redone, the electrical system is new to the second floor, heating system upgrades, on demand HW system upgrades, electrical upgrades, membrane roofing and much more. The second floor could add a tremendous residential income component to the property and could result in an attractive CAP rate. It is prepped with HVAC ducts, wiring, plumbing and is sprinkled. This space could also be utilized as professional office space. A beautiful building in great condition in a fantastic location with highest and best use options that are adaptable to the new owner's visions.

Property Features

Year Built:
1900
# of Stories:
Road Frontage:
50
Zoning:
commercial
Acres:
0.28
Total Sq ft:
15179
# of units:
3
Parking:
Off-Site,Off Street,On-Site
Basement:
Partial
Location:
Business District,Commercial Zoning,Historic District,Near Public Transportatn
Exterior Features:
Sales Includes:
Land/Building
Roof Style:
Membrane
Type:
Misc:
Fire System
Foundation:
Fuel:
Heating & Cooling:
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-08-23
Last Updated:
2024-12-26 14:22:08

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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