125 North Street
1 photo

$590,000

125 North Street
Bennington, VT 05201
Listed by Paul Harsch · Harsch Associates
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2001

About this home

Exceptional Commercial Real Estate. This outstanding investment & business opportunity in the heart of historic Bennington, offers a package of two beautifully and totally updated and restored historic 19th century buildings with plenty of style, character, and multiple options. High visibility due to the 8,000-12,000 daily traffic count. Excellent lease income from the famous 100 Pleasant St. Your Belly's Deli. 125 North St. contains 2,225 SF on two floors plus attic and full basement, all renovated in 2001. Both buildings are fully air-conditioned and heated with gas. Parking is ideal here thanks to the adjacent municipal parking lot plus on street parking, plus another much larger public parking lot across North St. For investors, the income from the existing Deli lease would cover a significant portion of a new acquisition loan and the seller is open to a lease on 125 North St. The parcel cannot be subdivided however the property could be converted to condo ownership and thus the buildings could be sold separately. Bennington is the anchor for the southwest side of Vermont, bordering Massachusetts to the south and NY to the east. Home of Bennington College and the Southwestern Vermont Medical Center, multiple small manufacturing businesses, and a busy commercial center. These two excellent turn-key buildings in a prime location offered for the first time in over 50 years will fit the ideal needs and goals of an enterprising entrepreneur investor.

Property details

MLS #
5036917
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
479
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.12 acres
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Est. monthly payment
$3,703/mo
$118,000 down
$472,000 loan
Principal & interest$3,061
Property tax (est.)$492
Home insurance (est.)$150

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