February 22, 2024

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Essential Bennington organization houses bought | Community Information

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BENNINGTON — A number of outstanding Bennington business attributes ended up marketed above the previous month, which include the two Dunkin’ Donuts places, two downtown plenty and a historic landmark home on Primary Avenue owned by Shea Funeral Properties Inc.

The greatest new transactions concerned the sale of Dunkin’ Donuts qualities at 209 Northside Drive, for $840,000, and at 237 North St., for $1,229,000.

CRT LXII, LLC, is outlined as marketing the Dunkin’ properties to BAPA 209 Bennington RE, LLC.

The buyer’s restricted liability company is detailed as based mostly in Horseheads, N.Y., in the southwestern component of the state. The CEO and president of BAPA Network, which owns a number of Dunkin’ franchises, is Manish Patel, according to the small business internet site.

The new entrepreneurs could not be attained this 7 days for remark.

The offering constrained legal responsibility company is involved with a group that also has owned hundreds of Dunkin’ franchises, together with quite a few in Berkshire County, Mass. Mark Cafua is shown as manager of Cafua Management, based in Methuen, Mass.

HISTORIC Home

The historic, Victorian-era mansion that properties the Hanson Walbridge & Shea funeral enterprises at 213 Most important St., was marketed on Jan. 21 to RFS Holdings, LLC, by Shea Funeral Households Inc. for $600,000.

In addition, Shea Funeral Houses also bought its Manchester property, at 34 Park Area, for $400,000 to RFS Holdings, LLC, according to Assessor Gordon Black.

Also sold ended up the Shea home on Route 7A in Arlington and one more dwelling on East Major Road in Wilmington. All ended up obtained by a funeral residence team based mostly in Georgia.

The Wilmington home bought for $250,000 Jan. 14 to Laurtney, LLC, according to Assistant Town Clerk Patricia Johnson. Sale facts for the Arlington residence could not be received by push time.

The product sales included the company’s cremation and monuments organizations, manager and director Mark Shea reported Wednesday.

He stressed that procedure of the funeral households and similar solutions will continue as they have with the similar staff customers.

“I will be keeping on as very long as I want, until eventually it is time to retire,” Shea explained. “Everything will remain the identical.”

He stated the houses ended up marketed to a funeral dwelling team “that has the exact same specifications we have” in the company, and the agreement represents some progress scheduling to assure the business enterprise proceeds.

“We experienced an obligation to have a long-time period prepare,” he reported, together with for the benefit of the employees.

Shea declined to examine further specifics of the ownership group at this time.

Created IN 1867

The Hanson Walbridge & Shea Funeral Household in Bennington signifies the oldest continually owned and operated enterprise in the county, dating to 1884.

The household on Principal Road dates to the Civil War era, getting been completed in 1867, and it was afterwards owned by popular industrialist John S. Holden and his household by way of 1958, in accordance to the Hanson Walbridge & Shea web page.

At that time it was bought by Dean Hanson, who moved an existing area funeral business to that area.

Founded in 1884 by J.E. Walbridge, the Walbridge Organization support was initially found at 525 Most important St., according to the internet site. Pursuing Walbridge’s demise, the company continued underneath relatives members and was moved throughout the street to 500 Primary St. in 1927.

In 1955, Hanson joined the business at 500 Major St. and obtained the business enterprise the upcoming year. In 1958, he purchased the house at 213 West Principal St. from the Holden family, which had 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 homes in Manchester, Arlington and Wilmington.

Longtime workforce Mark and Lisa Shea obtained the organization in 2004 and have maintained the 4 locations, together with Vermont Cremation Company and Shea Monument Co.

DOWNTOWN Tons

Two tiny open tons at Valentine and Key streets were being offered this month by Juliette Sleeman to Primary & Valentine, LLC.

A large amount at 206 Valentine St., comprising .32 acres, was offered for $81,200, and an adjacent .51-acre whole lot at 525 Primary St. offered for $93,800.

Most important & Valentine, LLC, is owned by George Sleeman, who stated Tuesday that he purchased the assets from his late brother Richard’s daughter.

Sleeman also claimed he is in the course of action of transferring the heaps to his sons, John, Daniel and Paul Sleeman, including that they intend to make the house out there for sale or lease.

Acquiring the plenty on the current market “is actually excellent information,” in accordance to John Shanahan, executive director of the Greater Bennington Corp., the downtown marketing entity. He reported the availability could spur progress, for supplemental parking or other business enterprise-relevant works by using.

Combined-USE Making

In yet another transaction, a business and residential property at 544-546 Principal St. was offered this thirty day period, for $228,000 to Astrum, LLC, which also owns other downtown assets, which include the Harte Block at 400-418 Key St.

The vendor was Lonergan & Thomas Inc., which has offices close by at 550 Major St.

Gary Thomas, president of the enterprise, claimed, “It was a piece of residence that we have owned for a long time, and we felt it was time to offer it.”

Officers with Astrum, LLC, could not be attained for comment.

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