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Mixed-Use Retail and Apartment
For Sale
$275,000
Pending

318 North St, Bennington, VT 05201

Renovated second-floor 1BR apartment above a bright first-floor retail space with updates, separate meters, and off-street parking.

Property Size1,680 SF
Days on Market32

Property Features for 318 North St

General Information

Standard status Pending
Size 1,680 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Building Size 1,680 SF
Year Built 1941
Units 2
Listing Agency: Hoffman Real Estate
Listed By: Jenifer Hoffman · License #0810113415
Source: Elliman
Added: Jul 21 Changed: Aug 8 Last Checked: Jul 23 at 7:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoffman Real Estate

Investment Insights

Based on property information with market context.

This versatile mixed-use property offers two distinct income streams and flexible future use. The second floor features a renovated 1-bedroom, 1-bath apartment. The first floor and basement provide a spacious, bright commercial area with improvements including fresh paint, new flooring, LED lighting, and a convenient half bath. The walk-in cooler has been removed to open up the layout, and the basement includes storage with built-in shelving. Additional space is available in the walk-up attic.

The home is positioned in a highly visible downtown North Street corridor and includes signage potential. Zoning supports multi-family, single-family, and a wide range of commercial uses, including retail, food and beverage, office, studio, and personal services. Nearby established neighbors include Blue Benn Diner, Wassick’s Tire Service, and the Vermont Veterans Home.

Separate electric meters support the different areas of the property, and the boiler and oil tank were both replaced in 2020. The exterior includes vinyl siding and windows, and the property has an architectural shingle roof. Town water and sewer are available, along with high-speed internet, and off-street parking is provided for both units.

Key Highlights

  • 1941 mixed‑use building with a renovated 2nd‑floor 1BR/1BA apartment above a bright first‑floor retail/commercial space
  • Residential and commercial zoning supports multi‑family, single‑family, and a range of commercial uses including retail, food/beverage, office, studio, and personal services
  • Recent updates include fresh paint, new flooring, LED lighting, and a convenient half bath

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Storage Facility HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby

Demographics for 05201, VT

14,370
Population
6,941
Households
2.1
Avg Household Size
45
Median Age
35%
College-Educated
92%
High-School Grad
99.1 sq mi
ZIP Area
145
Density / Sq Mi
$60,428
Median Household Income
$36,816
Median Earnings
$1,098
Median Rent
$206,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Renovated second-floor 1BR apartment above a bright first-floor retail space with updates, separate meters, and off-street parking.
Where is this live-work space located?
The property is located at 318 North St Bennington, VT.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1941 mixed‑use building with a renovated 2nd‑floor 1BR/1BA apartment above a bright first‑floor retail/commercial space; Residential and commercial zoning supports multi‑family, single‑family, and a range of commercial uses including retail, food/beverage, office, studio, and personal services; Recent updates include fresh paint, new flooring, LED lighting, and a convenient half bath
More about this property
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