Bennington, VT | 520 Main Street

$385,000
MLS#: 4968393
0.10
Acres
36
Road Frontage
0
SQ. Feet
$6,725
Taxes
1 of 32

General Property Information

Price:
$385,000
Property Status:
Active
County:
VT-Bennington
Agency/Brokerage:
Elliott Nachwalter
TPW Real Estate

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 tenant is to receive a 48-hour notice of showings. 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.

Property Features

Year Built:
# of Stories:
Road Frontage:
36
Zoning:
Downtown
Acres:
0.10
Total Sq ft:
0
# of units:
Parking:
Assigned,Deeded,Off Premises,Off-Site,Off Street,On-Site,On Street,Other,Parking Spaces 2,Paved
Basement:
Full
Location:
Business District,Commercial Zoning,In Town,Near Country Club,Near Hospital
Exterior Features:
Brick
Sales Includes:
Building Only,Equipment,Land/Building,Building
Roof Style:
Shingle - Asphalt
Type:
Food Service,Storefront
Misc:
Additional Outbuildings,Furniture Included,Living Space Available
Foundation:
Concrete
Fuel:
Heating & Cooling:
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2023-09-01
Last Updated:
2024-04-22 16:09:44

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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