Skip To Content
Courtesy of Lillian West of Maple Leaf Realty.

160 Benmont Avenue

Bennington, VT 05201
  • $5,000,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 4888929
UPDATED: 35 min ago
$5,000,000
  • 0
    BEDS
  • 10.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1865
County:
Area:

School Ratings & Info

Description

Opportunity of a lifetime! Imagine owning one of America's largest historic mills? Built in 1865 additions into 1935 and strategically placed in the heart of the thriving Bennington town, this mill began with Civil war uniforms, then continued as a woolen mill for decades, went on to become a knitting factory and a paper mill too. In the early 1900's over 1/3 of the area was employed here. Since the current owner invested into in the 1980's and 90's, it has continued to grow and is now a booming mixed use building nearly at full occupancy creating space for medical and counseling offices, College classrooms, Gyms and health oriented spaces, Manufacturing companies, design studios, attorney offices, retails stores, auto work, graphic designers, artist studios, storage spaces and even housing! You name it, it can be done here. The potential is unlimited. There is a huge need for housing in our area and the prospect for condo units in this place is viable. To rebuild this incredible structure with the wood beams, steel infrastructure and brick construction would cost over 25 million in todays dollars. The entire building has been updated with electrical, plumbing, heating and an elevator system. With all the new, there is still so much character from the many lifetimes this property has traveled through. The outbuildings in the back could be sold for hundreds of thousands of dollars themselves if listed separately. With nearly 11 acres and plenty of parking plus river frontage!

Monthly Payment Calculator



© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2021-12-02T20:05:34.547.
www.livingvermont.com/homes/122912091
Print Image

160 Benmont Avenue Bennington, VT 05201

  • Price: $5,000,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 35 min ago
  • MLS #: 4888929
0
Beds
0
Baths
0
½ Baths
10.7
Acres
1865
Built
Neighborhood:
Bennington
County:
Bennington
Area:
Bennington
Property Description
Opportunity of a lifetime! Imagine owning one of America's largest historic mills? Built in 1865 additions into 1935 and strategically placed in the heart of the thriving Bennington town, this mill began with Civil war uniforms, then continued as a woolen mill for decades, went on to become a knitting factory and a paper mill too. In the early 1900's over 1/3 of the area was employed here. Since the current owner invested into in the 1980's and 90's, it has continued to grow and is now a booming mixed use building nearly at full occupancy creating space for medical and counseling offices, College classrooms, Gyms and health oriented spaces, Manufacturing companies, design studios, attorney offices, retails stores, auto work, graphic designers, artist studios, storage spaces and even housing! You name it, it can be done here. The potential is unlimited. There is a huge need for housing in our area and the prospect for condo units in this place is viable. To rebuild this incredible structure with the wood beams, steel infrastructure and brick construction would cost over 25 million in todays dollars. The entire building has been updated with electrical, plumbing, heating and an elevator system. With all the new, there is still so much character from the many lifetimes this property has traveled through. The outbuildings in the back could be sold for hundreds of thousands of dollars themselves if listed separately. With nearly 11 acres and plenty of parking plus river frontage!
Exterior Features

Construction MasonryOtherTimber Frame Exterior Brick Lot Description City LotLandscapedLeasedMajor Road FrontageMountain ViewNeighbor BusinessRecreationalRiverRiver FrontageSidewalksStreet LightsTrail/Near TrailViewWater ViewWaterfront Parking On-SitePaved Road Frontage Yes Roof MembraneSlate Total Drivein Doors 3 Total Loading Docks 6 Transport Access City StreetMajor Road AccessPavedTown Highway Water Body Type River

Interior Features

Basement No Basement Description Climate ControlledConcrete FloorFinishedStorage SpaceWalkoutInterior Access Cooling Other Equipment Co DetectorSecurity SystemSmoke DetectorSprinkler System Foundation BrickPoured ConcreteStone Heating Forced Air Sq Ft Total Building 160782 Sq Ft Total Source Public Records Total Elevators 2

Property Features

Accessibility Features Access Common Use AreasAccess ParkingHard Surface Flooring Auction No Cable Company Xfinity Commercial Features Additional OutbuildingsFire SystemElevator - FreightElevator - PassengerPhone SystemPublic RestroomsSecurity SystemSmoke/Heat DetectorsHeat IncludedIn-Unit Bathroom Covenants Yes Electric Circuit Breaker(S)Generator Electric Company Greent Mt Power Flood Zone Yes Fuel Company Osterman Gross Income 900000 Heat Fuel Gas - Lp/Bottle Net Income 497000 Pre Construction No Sale Includes Additional BuildingsEquipmentLand/Building Sewer Public Span Number 051-015-66675 Sprinkler Dry Sub Property Type BusinessIndustrialInvestmentOfficeRetail Sub Property Type Use Business W/ Real EstateDistribution FacilityFree Standing BuildingGarageHistoric BuildingIndustrialLight ManufacturingMill BuildingOffice BuildingSelf StorageWarehouse Tax Gross Amount 66299.61 Tax Year 2021 Tax Year Notes 2021-2022 Taxes Tbd No Utilities Cable Water Public Water Restrictions Unknown Zoning Urban Mixed Use

Courtesy of Lillian West of Maple Leaf Realty.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2021-12-02T20:05:34.547.
 
https://bt-photos.global.ssl.fastly.net/nneren/orig_boomver_1_4888929-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/orig_boomver_1_4888929-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/orig_boomver_1_4888929-2.jpg
Logo
RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446