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Courtesy of Elliott Nachwalter of TPW Real Estate: .

520 Main Street

Bennington, VT 05201
  • $340,000
  • STATUS: Active
  • ON SITE: 264 Days
  • MLS #: 4968393
Price Reduced
UPDATED: 183 min ago
$340,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

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.

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© Copyright 2024 PrimeMLS. 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 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 2024-05-24T10:06:24.287.
www.livingvermont.com/homes/143052752
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520 Main Street Bennington, VT 05201

  • Price: $340,000
  • Status: Active
  • On Site: 264 Days
  • Updated: 183 min ago
  • MLS #: 4968393
0
Beds
0
Baths
0
½ Baths
0.1
Acres
Neighborhood:
Bennington
County:
Bennington
Area:
Bennington
Property Description
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.
Exterior Features

Construction Materials MasonryWood FrameBrick Exterior Lot Features City LotCurbingMajor Road FrontageNeighbor BusinessSidewalks Parking AssignedDeededOff PremisesOff-SiteOff StreetOn-SiteOn StreetOtherParking Spaces 2Paved Road Frontage Yes Road Frontage Length 36 Roof Shingle - Asphalt Transport Access City StreetPublic TransportationPaved

Interior Features

Air Conditioning Percentage 50 Basement Yes Basement Access Type Interior Basement Description Full Foundation Concrete Sq Ft Total Building 4088

Property Features

Accessibility Features Paved Parking Area Description Business DistrictCommercial ZoningIn TownNear Country ClubNear Hospital Auction No Commercial Features Additional OutbuildingsFurniture IncludedLiving Space Available Flood Zone No Foreclosed / Bank Owned / REO No Heat Fuel Oil Items Excluded All restaurant furnishings and equipment. Pre Construction No Sale Includes Building OnlyEquipmentLand/BuildingBuilding Seasonal No Sewer Public Span Number 051-015-67357 Sub Property Type HospitalityInvestmentMulti-FamilyOfficeRetail Sub Property Type Use Food ServiceStorefront Tax Gross Amount 6725.01 Tax Year 2021 Taxes Tbd No Utilities Cable - AvailableGas - LP/BottleMulti Phone LinesTelephone Available Vacant Land No Water Source Public Zoning Downtown

Courtesy of Elliott Nachwalter of TPW Real Estate: .


© Copyright 2024 PrimeMLS. 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 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 2024-05-24T10:06:24.287.
 
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