520 Main Street Bennington, VT $ 385,000
520 Main Street
$ 385,000
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520 Main Street

Bennington, VT, 05201
$ 385,000
Baths0.0 Sq 4,088

Monthly Estimate*

$ 2,689

Listed by Elliott Nachwalter, TPW Real Estate, 802-366-1430, emn@tpw.com
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Studio

Commercial Property for sale in Bennington, VT

for $385,000. This 4,088 square foot building was built on a lot size of 0.1.

The “Geannelis” building, a downtown landmark since 1930, is being offered as a rare live/work commercial opportunity! Income-producing apartment on the second floor with room for expansion. Bring your dream to vibrant Downtown Bennington. Join the growing local foodie scene or transform this central Main Street location into your own gallery, retail space, or transform to professional use. The building is offered at $385,000.00 as is without fixtures and or restaurant equipment. The 1st floor has a fully equipped dining room, bar, and commercial kitchen suitable for up to 60 guests. The popular Allegro Restaurant had been located here for 16 successful years, until their 4/15/23 retirement. The spacious loft-style apartment above, with a separate entrance, is available for your use or to lease for additional income. The apartment tenant is to receive a 48-hour notice of showings. Deeded private parking, as well as the municipal parking lot, are steps away. Financials are available upon request. NDA & seller approval are required to share financial information. Property is being sold AS IS. Price does not include restaurant fixtures/equipment which may be purchased separately.

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Commercial Active

Price

$ 385,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,725

Style

Hospitality,Investment,Multi-Family,Office,Retail

Lot Size

0.1

Town/City

Bennington

County/Region

Bennington

MLS | Web ID

4968393

Features
Interior
Basement Description Full
Basement Yes
Heating Fuel Oil
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General
Road Frontage Yes
Sewer Public
Utilities Cable - Available Gas - LP/Bottle Multi Phone Lines Telephone Available
Roof Shingle - Asphalt
Parking Assigned Deeded Off Premises Off-Site Off Street On-Site On Street Other Parking Spaces 2 Paved
Flood Zone No
Zoning Downtown
Status Active
Tax Year 2021
Area VT-Bennington
Seasonal No
Area Description Business District Commercial Zoning In Town Near Country Club Near Hospital
Price Per Sq Ft 94.18
Tax Gross Amount 6725.01
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Exterior
Foundation Concrete
Lot Size Area 0.1
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* Excluded Features
List By
Elliott Nachwalter

Listing Agent

Tpw Real Estate

Broker

(802) 366-1430

Phone

emn@tpw.com

Email

Affordability Calculator

$3,250
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,689
Monthly Property Taxes
$560
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2023$385,000 Listed Price

Map


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520 Main Street, Bennington, VT, 05201 is a Commercial Property for sale at $385,000 with 4,088 sqft and a lot size of 0.1. 520 Main Street is a studio with 0.0 baths. The property's zip code is 05201 which is in Bennington, VT