240, 244, 248 North Street

Description

This is an opportunity to capture a high visibility, premiere commercial location in downtown Bennington. The town is being revitalized with a $50 million project in the historic Hotel Putnam block that will include new office spaces, shops, restaurants and galleries, along with multiple new downtown parks. These three contiguous, oversized lots with mixed-use structures are located nearby on Route 7, the main road connecting southern Vermont to Burlington. This well-trafficked street includes Dunkin Donuts and Subway. Properties can continue to be used as apartments and retail, or the next owner can bring their vision and completely reimagine this 0.68 acre parcel. Deep lots offer the possibility for parking and multiple driveway configurations. The Bennington area offers proximity to nature with fly-fishing, mountain lakes, skiing, snow shoeing and wonderful farmers markets. The town is home to Southwestern Vermont Medical Center, a Dartmouth-Hitchcock affiliate. This is your chance to invest early in the redevelopment phase in an up-and-coming, large Vermont town.