520 Main StreetBennington, VT 05201MLS Number 4968393

  • Price: $340,000
  • 264 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Listed by Elliott Nachwalter of TPW Real Estate
Active
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  • 0.1Acreage
  • 4,088Square Feet
  • 2021Tax Year
  • ActiveMLS Status

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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 is vacant and available to see anytime. 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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More Info

Basic Information

  • PermissionDeed, Tax Map

Building

  • ConstructionMasonry, Wood Frame
  • FoundationConcrete
  • Square Feet4,088
  • BasementFull

Property

  • Acreage0.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaBusiness District, Commercial Zoning, In Town, Near Country Club, Near Hospital
  • Lot Sqft4,356
  • Road Frontage36

Tax Information

  • Tax Year2021

Location

  • Building Number520
  • StreetMain Street
  • TownBennington
  • StateVT
  • Zip05201
  • CountyBennington

Exterior

  • ExteriorBrick
  • RoofShingle - Asphalt

Utilities

  • FuelOil

Basic Information

  • StatusACT
  • Modification Date05/11/2024
  • TypeHospitality, Investment, Multi-Family, Office, Retail
  • List Price$340,000
  • Broker NameTPW Real Estate
  • Listing Agent NameElliott Nachwalter
  • Lister Office NameTPW Real Estate
  • PrimeMLS4968393
  • MLS StatusActive

Amenities

  • Accessibility AmenitiesPaved Parking
  • PricePerSqFt83.17

Other

  • AC percent50
  • Transport AccessCity Street, Paved, Public Transportation
  • Date Listed09/02/2023
  • View Count31
HARSCH ASSOCIATES
HARSCH ASSOCIATES
Office: 413-458-5000
311 Main Street
Williamstown, MA 01267

Bennington, VT Real Estate Market Data

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Demographic, Market and School Data Provided by Faraday

Bennington, VT Demographics

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Bennington, VT Schools

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Demographic, Market and School Data Provided by Faraday

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 22, 2024 8:39 PM EDT

 

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