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


$499,000

MLS# 5086748
sq.ft. Bedroom | 0 Bathroom
Commercial
425 Main Street Bennington VT
 
$499,000 | $33 per sq.ft. Commercial Property, 425 Main Street Bennington VT | Space type MLS# 5086748


DESCRIPTION

15,000 plus sq. ft. commercial/office/retail/residential building on Main St in Downtown Bennington VT. On the ground level there are two prime street front retail spaces on Main Street one the long-term home of the Bennington Banner plus a 4,000 plus sq ft flex space in the rear of the building with great access consisting of open warehouse space ideal for light manufacturing (3 Phase Power), R & D, climate controlled storage, or if you are a service provider company (electrical, plumbing and heating, etc.) in need of more space for at grade storage of inventory, vehicles and offices with easy access it is ideal space to run a service business from. Significant renovations have been completed to the interior 2nd floor of the building. This space is roughly 6,000 sq ft and is a blank slate at present but has many possible income producing uses such as buildout of residential apartments, professional offices or possibly a large in-town owners' residence with skiing, hiking and other year-round outdoor recreational opportunities in the Green Mountain National Forest and Lakes and Rivers within it just a short drive away. This space combined with the flex space and retail storefronts along main street would be an ideal mixed-use income property. If creating value and optimizing income with intelligent development of a fantastic building is intriguing, this is an unbelievable and very unique opportunity. At this price point it would be challenging to find another commercial/residential building of this size and condition with this much potential to be solid income property with tremendous equity gain in a very quick timeframe.
Sale Includes : Land/Building
Price per SQFT | 32.87 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Masonry | Metal | Price Per SQ.FT. 32.87 | Year Built: 1900
No. of Units-| 3
Building Size | 15179
Available SQFT | 15179
Divisable SQFT | Yes
Divisable SQFT Min | 5000
Basement: Partial
Sprinkler | Wet.
Roof: Membrane
Road Frontage: 50
Heating: Hot Air | Hot Water | Propane | Oil
Electric: 3 Phase
Utilities: Cable at Site | Multi Phone Lines
No. of Docks | 0.
No. of Drive Doors | 15179.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0.28 acres
Zoned: commercial
Road Frontage: 50
Taxes $17,517  | Assesed Value $457,000 in 2025
15 Buck Rd. Hanover, NH 03755 603-643-3942

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