Price Change! reduced by $45,000 on May 10th 2024 $340,000 | $83 per sq.ft. Under Contract
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 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
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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
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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
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Transport Info: City Street | Public Transportation | Paved Docs Available : Deed | Tax Map Taxes $7,940 | Assesed Value $0 in |
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Back entry is accessed via deeded parking from the municipal lot on Pleasant St.
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Property includes parking and locked trash area, adjacent to parking lot.
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Property includes parking and locked trash area, adjacent to parking lot.
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Front entry from Main St., shares access with adjacent retail storefront.
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Additional seating area
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Entry includes opening to main dining room and bar area
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Roll down metal door to separate and secure shared access from restaurant space.
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Front of the house: Main dining and bar area
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Main dining room features brick and large window
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Separate entrance to 2nd floor apartment - small deck
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Covered Stairs to 1 bedroom Apartment - separate entrance
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Kitchen with 14' ceilings
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Living Room-apartment - views to Main Street
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Wood floors/open floor plan - apartment
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Dining Room - apartment - views to Main Street
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View of Main Street from deck entry to aparment
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Entry to apartment - 2 steps down to spacious eat-in kitchen area
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Bedroom with closet & attached full bath/laundry room.
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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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 October 31st, 2024
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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