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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$340,000

Price Change! reduced by $45,000 on May 10th 2024
MLS# 4968393
Under Contract sq.ft. Bedroom | 0 Bathroom
Commercial
520 Main Street Bennington VT
 
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


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 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

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.

LAND INFORMATION


 


ADDITIONAL INFORMATION

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 $7,940  | Assesed Value $0 in
15 Buck Rd. Hanover, NH 03755 603-643-3942

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