226-228 Northside Drive, Bennington, VT, 05201 | $1,925,000

Premier commercial development opportunity along Southwestern Vermont’s busiest traffic corridor. This 2. 3± acre offering occupies a highly visible corner location at Northside Drive and Harmon Road, directly across from the base of Harwood Hill (VT Route 7A). With approximately 720 feet of combined road frontage, excellent access, and strong daily traffic counts, this site offers exceptional exposure for a wide range of commercial uses. The property consists of four contiguous parcels with five separate addresses, including two vacant lots (former residential structures removed), a commercial building with two operating businesses, and two income-producing residential units—providing immediate cash flow while allowing for future redevelopment or expansion. Current gross annual rental income totals $61, 200, derived from a leased feed store ($1, 800/month), a hair salon with booth rentals ($1, 150/month), a rented three-bedroom farmhouse ($1, 200/month), and a single-wide mobile home ($950/month). Located in the Planned Commercial (PC) Zoning District, the property supports a broad mix of commercial and mixed-use development, with 28 permitted uses by Development Review Board approval, including but not limited to retail, restaurant, indoor recreation, daycare, warehouse, gas station, service businesses, and multi-family housing. Town water and sewer are available, and zoning design standards encourage cohesive site planning, shared access, and pedestrian-friendly layouts—ideal for a modern commercial or mixed-use project. This is a rare opportunity to secure a large, flexible assemblage in one of Bennington’s most visible and strategically located commercial corridors, suitable for immediate income generation, phased redevelopment, or long-term investment.

Features

  • Units: 5
  • Zoning: Planned Commercial
  • Frontage: 720
  • Acreage: 2.3
  • Est. Taxes: $16,579
  • MLS#: 5074956
  • Website: https://www.raveis.com
    /prop/5074956/226228northsidedrive_bennington_vt?source=qrflyer
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Listing courtesy of Hoffman Real Estate   Phone: 802-753-7771
Listing Agent: Jenifer Hoffman

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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226-228 Northside Drive, Bennington, VT, 05201

$1,925,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,540,000 $1,540,000 $1,540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.973% 5.858% 5.681%
Monthly Tax Payment $1,382 $1,382 $1,382
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,267 $8,987 $12,583
Total Monthly Payment $9,774 $10,494 $14,090

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.