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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Marek Kovac TPW Real Estate

Est. payment -/mo

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124 Elm ST Bennington, VT 05201

8,888 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,888 sqft

MLS Listing ID 5072098

Style Victorian

Construction Status Existing

Year Built 1890

Annual Tax Amount $17,529

Tax Year 2024

Lot Size 0.470 Acres

Acres 0.47

Property Description

A rare opportunity to acquire one of Southern Vermont's most adaptable residential investment properties. Currently known as the South Shire Inn, this landmark Victorian estate offers investors immediate income potential along with exceptional opportunities for future residential or mixed-use redevelopment. The property includes nine guest accommodations, owner's quarters, expansive common areas, a detached carriage house with additional guest accommodations, a commercial kitchen, and an established Thai restaurant providing existing rental income. Its flexible floor plan and MU1 zoning support a variety of permitted residential and mixed-use possibilities, including multifamily conversion, long-term or short-term rentals, workforce housing, owner occupancy, senior living, residential care, and other redevelopment opportunities, subject to local approvals. Originally built in 1887 by renowned architect William C. Bull, the property has been thoughtfully restored while preserving its architectural character. Located within walking distance of downtown Bennington's shops, restaurants, and cultural attractions, it offers investors a distinctive asset with exceptional long-term flexibility and redevelopment potential. Seller financing and lease-to-own opportunities may be available for qualified buyers.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning MU1

Rooms

Basement Basement Stairs, Concrete, Concrete Floor, Exterior Access, Exterior Stairs, Finished, Insulated, Interior Access, Interior Stairs, Locked Storage, Storage Space

Interior

Heating Oil, Electric, Mini Split, Boiler

Cooling Individual, Mini Split

Exterior

Parking Features No

Utilities Available Cable, Other

Waterfront Description No

View Y/N No

View No

Roof Type Architectural Shingle

Building

Lot Description Corner, Neighbor Business, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Neighborhood, Near Public Transport, Near Hospital

Story 3

Sewer Public

Water Public

Architectural Style Victorian

Construction Status Existing

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

124 Elm ST Bennington, VT 05201

Key Details

Location

Rooms

Interior

Exterior

Building

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124 Elm ST

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