520 Main ST Under Contract Save Request In-Person Tour Request Virtual Tour
Bennington,VT 05201
Key Details
Property Type Commercial
Sub Type Hospitality,Investment,Multi-Family,Office,Retail
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4968393
Annual Tax Amount $7,939
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Description
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.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning Downtown
Rooms
Basement Entrance Interior
Basement Full
Interior
Heating Oil
Inclusions Building Only,Equipment,Land/Building,Building
Exterior
Garage Assigned,Deeded,Off Premises,Off-Site,Off Street,On-Site,On Street,Other,Parking Spaces 2,Paved
Garage Description Assigned,Deeded,Off Premises,Off-Site,Off Street,On-Site,On Street,Other,Parking Spaces 2,Paved
Utilities Available Cable - Available,Gas - LP/Bottle,Multi Phone Lines,Telephone Available
Roof Type Shingle - Asphalt
Building
Foundation Concrete
Sewer Public