310-320 Main St Bennington, VT 05201
- Office Properties & Spaces
- 8,875 SF
- 0.32 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 310-320 Main St
- Year built
- 1987
- Lot size
- 0.32 lot acres
- Property size
- 8,875 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Class A office building, located at 310-320 Main Street in Bennington, Vermont, presents a compelling investment opportunity. The property, built in 1987, encompasses 8,875 square feet across two stories and sits on a 0.32-acre lot in the desirable Downtown zoning area. Currently 100% occupied under a gross lease by a multi-tenant arrangement, including Citizens Bank, this property offers a stable income stream with an attractive 8.00% cap rate. The asking price is $1,000,000. The building's prime location on Main Street ensures high visibility and accessibility, benefiting from ample on-site parking. The property's strong tenancy history and consistent occupancy make it an ideal investment for those seeking a reliable and profitable commercial asset in a thriving Vermont community. The traditional office layout is well-maintained and suitable for a variety of businesses. This turnkey investment requires minimal effort to maintain its current high occupancy and strong cash flow. The property's location in Bennington's vibrant downtown district provides excellent access to local amenities and attractions, further enhancing its appeal to both tenants and investors. This is a rare opportunity to acquire a fully leased, high-performing commercial property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bennington
- County
- Bennington
- State
- Vermont
- Longitude
- -73.1982
- Latitude
- 42.8793
