520 Main Street, Bennington, VT 05201 | MLS 4968393 | Listing Information | Berkshire Hathaway HomeServices Stratton Home | Berkshire Hathaway HomeServices Stratton Home
FOR SALE
$340,000  

520 Main Street
Bennington, VT 05201

Business Opportunities
Commercial
4,088
Sq. Ft.
0.1
Acres Lot
Courtesy: Elliott Nachwalter - TPW Real Estate
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 $385,000.00 as is 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.
4968393
Business Opportunities, Other
VT-Bennington
0.1 Acres
Public
Brick
Public Sewer
4,088 Sq. Ft.
Interior Features
Heating
Oil. .
Basement
Full
Exterior / Lot Features
Parking
On Street.
Exterior
Brick
Roof
Shingle
Zoning
Downtown
Auctioneer Information
From the intersection of Main Street and Rte. 7, head EAST on Main Street, approximately 0.2 miles on the left. Sign for Allegro Restaurant. Use door on right of windows.
Financial Considerations
$6,725
Courtesy: Elliott Nachwalter - TPW Real Estate
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