230 School St Bennington, VT 05201

This multi-building campus offers both current income and significant redevelopment potential. The property includes an approximately 56,000 square foot, three-story indoor sports facility, an approximately 22,000 square foot, four-story 1889 Old Catamount High School, and a 2,500 square foot renovated annex house. Recent upgrades include new roofs, updated electrical systems, sprinklers, heating, and fire/smoke systems, as well as a new gym build-out. The sports facility's first floor features full-size basketball/futsal/volleyball courts, lounges, offices, a gift shop, multiple locker rooms with showers, a trainer room, the Fair Play Café with a permitted commercial kitchen (approximately $50,000 in equipment), a theater/dance area, game/yoga rooms, and laundry/maintenance facilities. The second floor contains a three-bedroom, two-bathroom apartment, storage space, and eight converted classrooms (approximately 60 beds). The third floor includes three one-bedroom coach apartments, a players’ lounge, an equipment room, and eight additional sleeping rooms (approximately 60 beds) with shared bath/shower rooms. The historic school building features a reception area, offices/classrooms, fitness/yoga rooms, locker rooms, two baseball cages, a game room, maintenance areas, and a fourth-floor historic amphitheater and small courts. The renovated annex house includes a new kitchen with appliances, new plumbing, a new furnace, and new electric systems, as well as a primary suite, two additional bedrooms, a living room, laundry facilities, and two bathrooms with showers. The property currently generates income from the YMCA, parking, and the annex. Concept plans show potential for up to approximately 36 apartments, subject to municipal approvals.