 802-295-1355
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Price Change! reduced by $45,000 on May 10th 2024 $340,000 | $83 per sq.ft. Commercial Property, 520 Main Street Bennington VT | Space type Food Service,Storefront MLS# 4968393 |
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| DESCRIPTION
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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.
Location : Business District | Commercial Zoning | In Town | Near Country Club | Near Hospital Building Type : Hospitality | Investment | Multi-Family | Office | Retail Disability Features : Paved Parking Misc : Additional Outbuildings | Furniture Included | Living Space Available Sale Includes : Building Only | Equipment | Land/Building | Building Signage-| Some Price per SQFT | 83.17 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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CONSTRUCTION: Masonry | Wood Frame | Brick Exterior | Price Per SQ.FT. 83.17 | Year Built: 0 No. of Units-| 0 Building Size | 4088 Basement: Full |
Building Type: Hospitality | Investment | Multi-Family | Office | Retail Roof: Shingle - Asphalt Garage And Parking: Assigned | Deeded | Off Premises | Off-Site | Off Street | On-Site | On Street | Other | Parking Spaces 2 | Paved Road Frontage: 36 Utilities: Cable - Available | Gas - LP/Bottle | Multi Phone Lines | Telephone Available No. of Docks | 0. No. of Drive Doors | 4088. AC % | 50. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.1 acres Zoned: Downtown Flood Zone: No Road Frontage: 36 |
Transport Info: City Street | Public Transportation | Paved Docs Available : Deed | Tax Map Taxes $6,725 | Assesed Value $0 in | ||
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Data last updated July 4th, 2024 |
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