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29393489
29393512

228 Northside Dr, Bennington, VT 05201 For Sale

JH
VT VT 081.0113415
Hoffman Real Estate
Listed by Hoffman Real Estate
$1,925,000
173 days on market
Updated 107 days ago

2.3 Acres on Northside Dr. Bennington, VT

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Apartment Building, Restaurant (+1)
Units 4
Tenancy Multi
Broker Co-Op Yes
Year Built 1915, 1920, 2004
Year Renovated 1993
Buildings 5
Stories 2
Acreage 2.300
Zoning Planned Commercial (PC)
Investment Type Redevelopment

Redevelopment Opportunity

Marketing description

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.

Investment highlights

Annual gross income of $61,200 plus two vacant lots for immediate growth potential. All leases are month-to-month. Ideal location for redevelopment of all 2.3 acres with access to town water/sewer, electric, and major highways.

Listing Contacts

JH
VT VT 081.0113415
Hoffman Real Estate
Listed by Hoffman Real Estate

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Additional Information

Name
Jenifer Hoffman
License
VT 081.0113415
Brokerage
Hoffman Real Estate
Brokerage Phone
802-753-7771
Title
Principal Broker/Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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