For Sale
$649,000

59 Harwood Hill Rd Bennington, VT 05201

High-yield, fully leased investment property.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A commercial property, located at 59 Harwood Hill Road in Bennington, Vermont (zip code 05201), presents a lucrative investment opportunity. The 12,000 square foot building, constructed in 1970 and situated on a 0.62-acre lot, is zoned for Planned Commercial use. The property boasts a diverse tenancy, currently operating at 100% occupancy, generating a strong 8% cap rate. The asking price is $649,000, translating to $54.08 per square foot. The property features a mix of office and self-storage space, including a climate-controlled storage facility equipped with a loading dock. Recent renovations have significantly enhanced the property, including upgrades to the HVAC system, installation of new dividing walls, flooring, and lighting. The property's strong cash flow, coupled with the potential for future expansion on the ample lot, makes this a compelling investment. The property is a multi-tenant NNN lease structure. This prime location on Northside Drive and Harwood Hill offers excellent visibility and accessibility. The property is a turnkey operation, providing immediate income and significant long-term growth potential.

Highlights

  • Class A, 12,000 SF commercial building in Bennington, VT (05201) on a 0.62-acre lot.
  • Planned Commercial zoning, 100% occupancy, 8% cap rate, $649,000 asking price ($54.08/SF).
  • Mix of office and climate-controlled self-storage space with loading dock; recent renovations including HVAC, walls, flooring, and lighting.
  • Multi-tenant NNN lease structure; excellent visibility and accessibility on Harwood Hill Road.
  • Turnkey operation with strong cash flow and expansion potential.

Property Details for 59 Harwood Hill Rd

Property type
Office properties, Self storage facilities
Square Feet
12,000 SF
Class
A
Year Built
1970
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Bennington
County
Bennington
State
Vermont
Latitude
42.9017291
Longitude
-73.211981

FAQs

What type of property is this?
Office property - High-yield, fully leased investment property.
Where is the office property located?
The property is located at 59 Harwood Hill Rd Bennington, VT.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Class A, 12,000 SF commercial building in Bennington, VT (05201) on a 0.62-acre lot.; Planned Commercial zoning, 100% occupancy, 8% cap rate, $649,000 asking price ($54.08/SF).; Mix of office and climate-controlled self-storage space with loading dock; recent renovations including HVAC, walls, flooring, and lighting.
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59 Harwood Hill Rd
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