Commercial for Sale: 520 Main Street, Bennington, VT 05201 SOLD

$330,000
$330,000
520 Main Street, Bennington, VT 05201 SOLD
$330,000
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Selling Price: $330,000
Original List Price: $385,000
Sold at 85.7% of list price
Sold Date: 12/12/2024

Type Commercial
Lot Size 0.10 acres

City Bennington
County Bennington

MLS 4968393
Status Closed
DOM 371 days
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 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.

Lot & Building Features

Utilities Cable - Available, Telephone Available, Multi Phone Lines, Gas - LP/Bottle
Construction Brick Exterior, Wood Frame, Masonry
Heating Oil
Parking Description Assigned, Paved, Parking Spaces 2, Other, On-Site, On Street, Off-Site, Off Street, Off Premises, Deeded
Sewer Public
Tax Year 2024
Water Public
Basement Description Full
Foundation Concrete
Lot Description City Lot, Sidewalks, Neighbor Business, Near Hospital, Near Country Club, Major Road Frontage, In Town, Curbing
Roof Shingle - Asphalt

Price History of 520 Main Street, Bennington, VT

Date Name Price Difference
05/10/2024 Price Adjustment $330,000 14.29%
09/01/2023 Listing Price $385,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 520 Main Street, Bennington, VT

Location Map Street View
Photo of Wayne Bailey
Direct: 603-765-3564
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by TPW Real Estate, Kristin Comeau & Elliott Nachwalter
Sold by Four Corner Properties LLC, Nancy Woltman
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1%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: TPW Real Estate

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 12/26/2024