 603-643-3942
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$575,000 | $38 per sq.ft.
Commercial Property, 423-425 Main Street Bennington VT | Space type MLS# 5028935
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| DESCRIPTION
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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 Price per SQFT | 37.88 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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CONSTRUCTION: Masonry | Metal | Price Per SQ.FT. 37.88 | Year Built: 1900 No. of Units-| 3 Building Size | 15179 Available SQFT | 15179 Divisable SQFT | Yes Divisable SQFT Min | 5000 Basement: Partial |
Building Type: Investment | Opportunity Sprinkler | Wet. Roof: Membrane Garage And Parking: Off-Site | Off Street | On-Site Road Frontage: 50 Utilities: Cable - At Site | Multi Phone Lines No. of Docks | 0. No. of Drive Doors | 15179. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.28 acres Zoned: commercial Road Frontage: 50 |
Taxes $15,178 | Assesed Value $457,000 in 2024 | ||
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Main Street View
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Union Street Access
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New Sprinkler System
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2nd Floor Space
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2nd Floor Prepped for Completion
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Back Warehouse Space
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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Data last updated April 2nd, 2025 |
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