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124 Elm Street, Bennington, VT 05201

$950,000
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Active
MLS#5029040
STATUSActive PROPERTY TYPECommercial - Investment

Listing Courtesy of: TPW Real Estate
Agency Phone: 802-366-1430
Associate Name: Marek Kovac
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Property Description

An exceptional opportunity to acquire one of Southern Vermont's most versatile commercial properties. Currently known as the South Shire Inn, this landmark Victorian estate offers exceptional flexibility for investors, developers, owner-users, hospitality operators, and entrepreneurs seeking a property with multiple future possibilities. Originally built in 1887 by renowned architect William C. Bull, the beautifully restored property includes nine guest accommodations, elegant common areas, owner's quarters, a detached carriage house with additional guest accommodations, a commercial kitchen, and an established Thai restaurant providing existing rental income. The property's flexible layout and MU1 zoning support a wide variety of permitted commercial and mixed-use applications, including hospitality, restaurant, professional office, event, wellness, residential care, and other investment opportunities, subject to local approvals. Whether a buyer chooses to continue the existing hospitality operation or reposition the property for another permitted use, this offering provides flexibility rarely found in today's market. Ideally located within walking distance of downtown Bennington and centrally positioned between Manchester, Williamstown, and the Berkshires, the property benefits from year-round tourism, recreation, higher education, and cultural attractions. Seller financing and lease-to-own opportunities may be available for qualified buyers.

124 Elm Street | MLS# 5029040

This commercial property located at 124 Elm Street, Bennington, VT 05201 is currently listed for sale with an asking price of $950,000. Search Bennington real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Investment
Basement: Yes
Basement: Concrete Floor, Other, Interior Stairs, Unfinished
Lot Size: 0.47 Acres
Roof Type: Architectural Shingle
Taxes: $17,529
Year Built: 1890

Feature Descriptions

Basement Access: Interior
Days on Site: 533
Exterior: Wood Frame, Wood Exterior, Wood Siding
Foundation: Stone
Lot: In Town, Near Country Club, Near Golf Course, Neighborhood, Corner, Sidewalks, Near Hospital
Parking: Driveway, On-Site
Road Frontage: 86
Sale Inclusions: Additional Buildings, Equipment, Inventory, Land/Building/Business, Building, Furnishings
Sewer: Public
Transport/Access: City Street, Paved
Units: 15
Water: Public
Zoning: MU1

Listed By / Shown By

Listed By

Agency Name: TPW Real Estate
Agent Name: Marek Kovac
Agency Phone: 802-366-1430

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