Price Reduced 11.69%
Listing courtesy of Kristin Comeau, TPW Real Estate Phone: 802-366-1430
Price History
$385,000
9/1/2023
$340,000
5/11/2024
520 Main Street, Bennington, VT, 05201
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.
Status:
Pending
Type:
Commercial
Zoning:
Downtown
Frontage:
36
Parking:
Assigned, Deeded, Off Premises, Off-Site, Off Street, On-Site, On Street, Other, Parking Spaces 2, Paved
Acreage:
0.1
Est. Taxes:
$7,940
Construction
Masonry,Wood Frame,Brick Exterior
MLS #:
4968393