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Listed by Chris Long • BHG Masiello Brattleboro
$ 575,000
Est. payment /mo
Active
423-425 Main ST Bennington, VT 05201
15,179 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment,Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 15,179 sqft
Price per Sqft $37
MLS Listing ID 5028935
Year Built 1900
Annual Tax Amount $15,178
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Investment,Opportunity
Property Description
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 (Union 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 a very 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.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning commercial
Rooms
Basement Entrance Walk-up
Basement Partial
Interior
Inclusions Land/Building
Exterior
Parking Features Off-Site, Off Street, On-Site
Garage Description Off-Site, Off Street, On-Site
Utilities Available Cable - At Site, Multi Phone Lines
Roof Type Membrane
Building
Sewer Public
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