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About This Home

This 0-bedroom, 0-bathroom commercial at 230 School Street in Bennington, VT is listed for $2,950,000. Built in 1960, on a 3.00 acres lot.

Agent Description

Seller financing available for qualified buyers. Multi-building campus with income today and substantial redevelopment upside. Approx. 56,000 SF, 3-story indoor sports facility + approx. 22,000 SF, four-story 1889 Old Catamount High School + 2,500 SF renovated annex house.

Recent upgrades include new roofs, new gym build-out, updated electrical, sprinklers, heating, and fire/smoke systems. Sports facility: 1st floor features brand-new full-size basketball/futsal/volleyball courts, lounges and offices, gift shop, multiple locker rooms with showers, trainer room, Fair Play Café with permitted commercial kitchen (~$50K in equipment), theater/dance area, game/yoga rooms, and laundry/maintenance.

2nd floor offers a 3BR/2BA apartment, storage, and eight converted classrooms (~60 beds). 3rd floor includes three 1BR coach apartments, players’ lounge, equipment room, and eight additional sleeping rooms (~60 beds) with shared bath/shower rooms. Historic school: reception, offices/classrooms, fitness/yoga rooms, locker rooms, two baseball cages, game room, maintenance areas, plus a fourth-floor historic amphitheater and small courts.

Annex house (renovated): new kitchen/appliances, plumbing, furnace, electric; primary suite, two additional bedrooms, living room, laundry, and two baths with showers. Keep current income (YMCA, parking, annex) while pursuing concept plans showing up to ~36 apartments, subject to municipal approvals. Shown by appointment.

Key Features

  • Built in 1960
  • 3.00 acre lot

Property Details

1960

Amenities

Basement

Monthly Cost Estimate

$15,777/mo

20% down · 6.5% · 30 years

Principal$2,133
Interest$12,783
Insurance$860

Estimates only. Actual payments may vary.

Location

230 School Street

Bennington, VT 05201

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 230 School Street is listed at $2,950,000. The estimated monthly payment is $12,783 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 3.00 acre lot.

This property is listed by Marek Kovac and can be reached at 8023661430 or mjk@tpw.com.

MK

Marek Kovac

Agent at TPW Real Estate

(802) 366-1430

Listed by TPW Real Estate · View on Broker Site

MLS# 5058163· Source: listhub· Updated 283 days ago

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230 School Street, Bennington, VT 05201

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