Live-Work Property with Four-Bay
237 North Bennington Road Bennington, NH 03442
237 North Bennington Road, Bennington, NH, 03442
$819,000
For Sale
$819,000
Stylish small home with attached four-bay garage and commercial office space, offering flexible live/work and rental options.
Property Size5,940 SF
Price / SF$137.88
Days on Market175
Property Features for 237 North Bennington Road
General Information
- Standard status
- Active
- Size
- 5,940 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2022
Listing agency
Buck Rub Realty
Listed by
Rebecca Gagne
(802) 457-2000
Source
Williamson-group
Added: Jan 27 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 6:30AM
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 Buck Rub Realty
Investment Insights
Based on property information with market context.
This property combines a stylish small home with an attached four-bay garage measuring 60 by 75, along with commercial office space. The overall setup supports multiple operating models, including living on-site while using the garage and office for business activity, or separating the uses for occupancy and rental purposes. The attached configuration is designed to keep the residential and work components connected while maintaining functional space for day-to-day needs.
The address is 237 North Bennington Road in Bennington, New Hampshire. The public remarks indicate a country setting with access within about an hour to Concord, Manchester, and Keene, which may be relevant for commuting and for reaching a regional customer base.
From a tenant or owner-operator perspective, the property’s combination of residential space, a sizable attached garage, and a commercial office can fit a range of small business and creative uses where on-site presence matters. For investors, the layout is presented as a way to potentially generate income by renting the commercial components separately from the residence. Buyers should verify all measurements and complete their own due diligence.
The address is 237 North Bennington Road in Bennington, New Hampshire. The public remarks indicate a country setting with access within about an hour to Concord, Manchester, and Keene, which may be relevant for commuting and for reaching a regional customer base.
From a tenant or owner-operator perspective, the property’s combination of residential space, a sizable attached garage, and a commercial office can fit a range of small business and creative uses where on-site presence matters. For investors, the layout is presented as a way to potentially generate income by renting the commercial components separately from the residence. Buyers should verify all measurements and complete their own due diligence.
Key Highlights
- Year built 2022 stylish small home with attached 4‑bay garage
- Attached 60 x 75 garage includes commercial office space
- Flexible layout: live in the home and use the commercial office, live here and rent the office, or rent both spaces
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.3k | $21.60 |
| − Vacancy | −$11.5k | −$1.94 |
| EGI | $116.8k | $19.66 |
| − OpEx | −$43.8k | −$7.37 |
| NOI | $73.0k | $12.29 |
5,940 SF · lease $21.60/SF/yr · vacancy 9.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.74M
NOI $104,287 @ 7.0% cap · market cap 12.73%
Second Best
Mixed Use
$1.04M
$912.2K – $1.22M
NOI $72,973 @ 7.0% cap · market cap 8.91%
Theoretical Best
Specialty Retail
$10.88M
$9.52M – $12.70M
NOI $761,805 @ 7.0% cap · market cap 93.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Stylish small home with attached four-bay garage and commercial office space, offering flexible live/work and rental options.
Where is this flex space located?
The property is located at 237 North Bennington Road Bennington, NH.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: Year built 2022 stylish small home with attached 4‑bay garage; Attached 60 x 75 garage includes commercial office space; Flexible layout: live in the home and use the commercial office, live here and rent the office, or rent both spaces
