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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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124 Elm St , Bennington, VT 05201
$950,000
Est. Payment: $2,111.11/mo
0 Bed
0 Bath
9252 Sqft
Status: Active Under Contract | Days on site: 536
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1862 - 615658,615654
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House 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.

Highlights

Listed by Marek Kovac , 802-366-1430 and Paul William Carroccio , 802-366-1430 TPW Real Estate , 802-366-1430.

Property Type

Commercial Sale

Lot/Acreage
0.47

Year Built

1890

County

Bennington

Listing ID

5029040

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Yes,Concrete Floor,Interior Stairs,Unfinished

Exterior Features

Lot:In Town,Near Country Club,Near Golf Course,Neighborhood,Corner,Sidewalks,Near Hospital
Zoning:MU1
Roof:Architectural Shingle
Sewer:Public
Parking Features:Driveway,On-Site
Principal Interest
$2,111
Taxes
$1,461

Home Price

$950,000

Loan Details

30 yrs
%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,111.11 $1,460.75 $0.00 $3,571.86
Yearly $25,333.33 $17,529.00 $0.00 $42,862.33
Total $760,000.00 $525,870.00 $0.00 $1,285,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bennington, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.