List Price: $575,000 | $38 per sq.ft. Commercial
Space type
Date Listed Monday Feb 10, 2025 | MLS# 5028935
Space type
Date Listed Monday Feb 10, 2025 | MLS# 5028935
Main Street View
Union Street Access
New Sprinkler System
2nd Floor Space
2nd Floor Prepped for Completion
Back Warehouse Space
To see this Listing
Address: 423-425 Main Street Bennington VT
Listed by Chris Long BHG Masiello Brattleboro
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.
Building Type : Investment | Opportunity
Misc : Fire System
Sale Includes : Land/Building
Listed by Chris Long BHG Masiello Brattleboro
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.
Building Type : Investment | Opportunity
Misc : Fire System
Sale Includes : Land/Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1900
Masonry | Metal
Price Per SQ.FT. 37.88 No. of Units: 3
Building Size : 15179
Available SQFT : 15179
Divisable SQFT : Yes
Divisable SQFT Min : 5000
Building Type: Investment | Opportunity
Year Built: 1900
Masonry | Metal
Price Per SQ.FT. 37.88 No. of Units: 3
Building Size : 15179
Available SQFT : 15179
Divisable SQFT : Yes
Divisable SQFT Min : 5000
Building Type: Investment | Opportunity
ExteriorRoof: Membrane
InteriorBasement: Partial
Sprinkler: Wet.
Land Information
Lot size: 0.28 acres
Zoned: commercial
Road Frontage: 50
Garage And Parking: Off-Site | Off Street | On-Site
Road Frontage: 50
No. of Docks | 0.
UtilitiesUtilities: Cable - At Site | Multi Phone Lines
AC % | 0.
Additional Information
Taxes $15,178
Assesed Value Not Reported
Taxes $15,178
Assesed Value Not Reported
Schools
