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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.

More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1890
  • Building ConstructionWood Frame, Wood Exterior, Wood Siding, Spray Foam Insulation
  • StyleVictorian
  • Units15
  • # of 1 Bedrooms10
  • Basement
    • Basement Stairs
    • Concrete
    • Concrete Floor
    • Exterior Access
    • Exterior Stairs
    • Finished
    • Insulated
    • Interior Access
    • Interior Stairs
    • Locked Storage
    • Storage Space
  • FoundationStone

Amenities

  • PricePerSqFt148.72

Water Body

  • Water ViewNo

Basic Information

  • StatusACT
  • List Price$950,000
  • Date Price Change05/22/2026
  • MLS Number5072098
  • MLS StatusActive

Property

  • Acreage0.47
  • GarageNo
  • Parking Spaces
  • Lot Description
    • Corner
    • In Town
    • Near Country Club
    • Near Golf Course
    • Near Hospital
    • Near Paths
    • Near Public Transport
    • Near Shopping
    • Near Skiing
    • Neighbor Business
    • Neighborhood
    • Sidewalks
  • Square Feet8,888
  • APX Fin AG Sqft6,388
  • Road Frontage100
  • RoadsPaved, Public, Public Maintained Road
  • AreaVT-Bennington

Location

  • TownBennington
  • StateVT
  • Zip05201
  • CountyBennington
  • ZoningMU1
  • Address124 Elm Street
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade2,500

Exterior

  • RoofArchitectural Shingle

Utilities

  • Heat SystemOil, Electric, Mini Split, Boiler
  • WaterPublic
  • Electric200+ Amp Service
  • SewerPublic
  • UtilitiesCable, Other

Other

  • Taxes$17,529
  • Seasonal Y/NNo
  • Date Listed12/16/2025
  • View Count1

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 26, 2026 7:08 PM UTC

 

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