Bennington, VT | 124 Elm Street

Description

An exceptional opportunity to acquire one of Southern Vermont's most versatile commercial properties. Currently known as the South Shire Inn, this landmark Victorian estate offers exceptional flexibility for investors, developers, owner-users, hospitality operators, and entrepreneurs seeking a property with multiple future possibilities. Originally built in 1887 by renowned architect William C. Bull, the beautifully restored property includes nine guest accommodations, elegant common areas, owner's quarters, a detached carriage house with additional guest accommodations, a commercial kitchen, and an established Thai restaurant providing existing rental income. The property's flexible layout and MU1 zoning support a wide variety of permitted commercial and mixed-use applications, including hospitality, restaurant, professional office, event, wellness, residential care, and other investment opportunities, subject to local approvals. Whether a buyer chooses to continue the existing hospitality operation or reposition the property for another permitted use, this offering provides flexibility rarely found in today's market. Ideally located within walking distance of downtown Bennington and centrally positioned between Manchester, Williamstown, and the Berkshires, the property benefits from year-round tourism, recreation, higher education, and cultural attractions. Seller financing and lease-to-own opportunities may be available for qualified buyers.