425 Main ST Active Save Request In-Person Tour Request Virtual Tour
Bennington,VT 05201
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 5011017
Year Built 1900
Annual Tax Amount $15,178
Tax Year 2023
Lot Size 0.280 Acres
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 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.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning commercial
Rooms
Basement Entrance Walk-up
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