423-425 Main St - Office/Residential FOR SALE


Bennington, VT 05201
$575,000 USD
802-257-1111
423-425 Main St, Bennington, VT for Sale
$575,000 USD
Office/Residential - FOR SALE
1/4
null | Request Cap Rate

423-425 Main St
Bennington, VT 05201


HIGHLIGHTS

  • Configured for offices and a store front on main street type use.

OVERVIEW

Located in the heart of downtown Bennington VT sits this 15,000 plus sq. ft. commercial/office/retail building. This versatile building is able to conform to many uses and configurations. Currently there are two anchor tenants on the main level street front retail spaces and a large open warehouse in the back with its own access from a back side street that is approx. 4,000 sq. ft. with overhead door and other access for deliveries/ parking. This space has 3-phase power, tall ceilings and a ton of potential including indoor parking if the second floor was to be built out into residential units. Significant renovations have been completed to the interior and exterior of the building. The fire suppression system and alarm has been completely redone, the electrical system is new to the second floor, heating system upgrades, on demand HW system upgrades, electrical upgrades, membrane roofing and much more. The second floor could add a tremendous residential income component to the property and could result in an attractive CAP rate. It is prepped with HVAC ducts, wiring, plumbing and is sprinkled. This space could also be utilized as professional office space. A beautiful building in great condition in a fantastic location with highest and best use options that are adaptable to the new owner's visions.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

(015)50-56-35-00

ASK ABOUT THIS PROPERTY

Chris LongBHG Masiello BrattleboroMore Info
802-257-1111

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Chris LongBHG Masiello BrattleboroMore Info
802-257-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.