BENNINGTON — Various well known Bennington commercial properties were being sold in excess of the past thirty day period, including the two Dunkin’ Donuts places, two downtown a lot and a historic landmark house on Major Street owned by Shea Funeral Properties Inc.
The largest current transactions involved the sale of Dunkin’ Donuts homes at 209 Northside Drive, for $840,000, and at 237 North St., for $1,229,000.
CRT LXII, LLC, is listed as promoting the Dunkin’ properties to BAPA 209 Bennington RE, LLC.
The buyer’s constrained liability corporation is mentioned as primarily based in Horseheads, N.Y., in the southwestern part of the point out. The CEO and president of BAPA Community, which owns many Dunkin’ franchises, is Manish Patel, in accordance to the company web site.
The new house owners could not be arrived at this week for comment.
The providing confined liability company is involved with a team that also has owned hundreds of Dunkin’ franchises, together with quite a few in Berkshire County, Mass. Mark Cafua is stated as supervisor of Cafua Management, based mostly in Methuen, Mass.
HISTORIC Dwelling
The historic, Victorian-period mansion that properties the Hanson Walbridge & Shea funeral firms at 213 Most important St., was offered on Jan. 21 to RFS Holdings, LLC, by Shea Funeral Homes Inc. for $600,000.
In addition, Shea Funeral Homes also sold its Manchester property, at 34 Park Put, for $400,000 to RFS Holdings, LLC, in accordance to Assessor Gordon Black.
Also marketed have been the Shea house on Route 7A in Arlington and a further residence on East Key Avenue in Wilmington. All had been obtained by a funeral dwelling group based in Georgia.
The Wilmington property offered for $250,000 Jan. 14 to Laurtney, LLC, in accordance to Assistant Town Clerk Patricia Johnson. Sale information for the Arlington house could not be obtained by press time.
The product sales incorporated the company’s cremation and monuments companies, supervisor and director Mark Shea stated Wednesday.
He stressed that procedure of the funeral residences and similar expert services will keep on as they have with the same team associates.
“I will be being on as very long as I want, right up until it is time to retire,” Shea explained. “Everything will keep the identical.”
He stated the attributes have been sold to a funeral property team “that has the exact same expectations we have” in the enterprise, and the settlement signifies some advance scheduling to ensure the company proceeds.
“We experienced an obligation to have a very long-term prepare,” he explained, including for the benefit of the personnel.
Shea declined to talk about additional details of the ownership team at this time.
Designed IN 1867
The Hanson Walbridge & Shea Funeral Household in Bennington represents the oldest repeatedly owned and operated small business in the county, dating to 1884.
The residence on Main Avenue dates to the Civil War era, acquiring been accomplished in 1867, and it was afterwards owned by well known industrialist John S. Holden and his loved ones by means of 1958, in accordance to the Hanson Walbridge & Shea web site.
At that time it was procured by Dean Hanson, who moved an present regional funeral small business to that locale.
Started in 1884 by J.E. Walbridge, the Walbridge Enterprise service was to start with situated at 525 Major St., in accordance to the web page. Following Walbridge’s death, the business ongoing less than family customers and was moved across the avenue to 500 Key St. in 1927.
In 1955, Hanson joined the small business at 500 Most important St. and purchased the company the subsequent yr. In 1958, he procured the assets at 213 West Major St. from the Holden spouse and children, which experienced owned it from 1890 to 1958.
In 1984 Robert Covey, a longtime affiliate of Hanson’s, assumed possession of Hanson-Walbridge and operated it in conjunction with funeral properties in Manchester, Arlington and Wilmington.
Longtime employees Mark and Lisa Shea bought the enterprise in 2004 and have taken care of the 4 places, together with Vermont Cremation Services and Shea Monument Co.
DOWNTOWN A lot
Two small open loads at Valentine and Principal streets were sold this month by Juliette Sleeman to Principal & Valentine, LLC.
A whole lot at 206 Valentine St., comprising .32 acres, was marketed for $81,200, and an adjacent .51-acre ton at 525 Most important St. offered for $93,800.
Major & Valentine, LLC, is owned by George Sleeman, who explained Tuesday that he acquired the assets from his late brother Richard’s daughter.
Sleeman also mentioned he is in the method of transferring the tons to his sons, John, Daniel and Paul Sleeman, incorporating that they intend to make the residence accessible for sale or lease.
Having the tons on the market “is really superior information,” according to John Shanahan, executive director of the Greater Bennington Corp., the downtown advertising entity. He said the availability could spur improvement, for additional parking or other company-connected makes use of.
Blended-USE Developing
In another transaction, a enterprise and residential assets at 544-546 Main St. was sold this month, for $228,000 to Astrum, LLC, which also owns other downtown house, which includes the Harte Block at 400-418 Main St.
The seller was Lonergan & Thomas Inc., which has workplaces close by at 550 Primary St.
Gary Thomas, president of the enterprise, reported, “It was a piece of property that we have owned for a long time, and we felt it was time to market it.”
Officials with Astrum, LLC, could not be arrived at for comment.
