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338 Main St
Bennington, VT 05201
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The commercial space of approx. 3600’ sq ft is available for lease at $4000/ month NNN.
  • The pro forma cap rate is 10%.
  • Across the street from the planned Putnam Block and adjacent to the newly built parks located at the intersection of Rt 7 and Rt 9.
  • Certified Historic marble building in the heart of Bennington’s expanding downtown.
  • Never drive to work again if one decides to live in the 3 bedroom/2 bath second floor penthouse.
  • Municipal parking on both sides of the building.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,640 SF
Building Class
C
Year Built
1931
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.77
Lot Size
0.08 AC
Zoning
Multi-Use/CB - Multi Use/CB

AMENITIES

  • Banking
  • Corner Lot
  • Mezzanine
  • Security System
  • Air Conditioning

ABOUT 338 MAIN ST , BENNINGTON, VT 05201

The former bank building at Four Corners is at the center of it all, situated where Route 7 and Route 9 intersect in the heart of Downtown Bennington. Built in 1929, the white marble landmark building has been meticulously preserved with original ornate moldings, elaborate brass chandeliers, ceiling medallion, marble floors, towering columns, and high ceilings with a mezzanine overlooking the main floor. The building retains the imported marble teller counter with tear gas nozzles built in, three working vaults, plus a night deposit chute now used as a mailbox. Truly an exquisite setting for any number of commercial uses. The location of this property could not be better. Two brand new public parks are on either side of the building, and Putnam Block, (the largest redevelopment project in the state) is directly across the street. The Putnam Project, (currently under construction) includes plans for townhouses, offices, restaurants, retail spaces, small grocery store, and a boutique hotel. This is a remarkable opportunity to own a piece of Bennington history which could be used for any number of professional or retail endeavors. The fully air conditioned building has been utilized for the last 20 years as live/work space. The main floor is retail space and the upper floor is a 3-bedroom, 2 bath penthouse style residence. The dramatic main hallway of the expansive residence culminates in a spectacular living room overlooking the parades, festivals, and daily life of Four Corners.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
(015)50-51-63-00
Land Assessment
$72,300
Improvements Assessment
$247,100
Total Assessment
$319,400
  • Listing ID: 16000933

  • Date on Market: 5/9/2019

  • Last Updated:

  • Address: 338 Main St, Bennington, VT 05201

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