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$1,925,000

226-228 Northside Drive
Bennington, VT 05201
Listed by Jenifer Hoffman · Hoffman Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Premier commercial development opportunity along Southwestern Vermont’s busiest traffic corridor. This 2.3± acre offering occupies a highly visible corner location at Northside Drive and Harmon Road, directly across from the base of Harwood Hill (VT Route 7A). With approximately 720 feet of combined road frontage, excellent access, and strong daily traffic counts, this site offers exceptional exposure for a wide range of commercial uses. The property consists of four contiguous parcels with five separate addresses, including two vacant lots (former residential structures removed), a commercial building with two operating businesses, and two income-producing residential units—providing immediate cash flow while allowing for future redevelopment or expansion. Current gross annual rental income totals $61,200, derived from a leased feed store ($1,800/month), a hair salon with booth rentals ($1,150/month), a rented three-bedroom farmhouse ($1,200/month), and a single-wide mobile home ($950/month). Located in the Planned Commercial (PC) Zoning District, the property supports a broad mix of commercial and mixed-use development, with 28 permitted uses by Development Review Board approval, including but not limited to retail, restaurant, indoor recreation, daycare, warehouse, gas station, service businesses, and multi-family housing. Town water and sewer are available, and zoning design standards encourage cohesive site planning, shared access, and pedestrian-friendly layouts—ideal for a modern commercial or mixed-use project. This is a rare opportunity to secure a large, flexible assemblage in one of Bennington’s most visible and strategically located commercial corridors, suitable for immediate income generation, phased redevelopment, or long-term investment.

Property details

MLS #
5074956
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
198
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
2.3 acres
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Est. monthly payment
$11,743/mo
$385,000 down
$1,540,000 loan
Principal & interest$9,988
Property tax (est.)$1,604
Home insurance (est.)$150

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