Three Bennington business sites headed for auction
BENNINGTON — Three familiar Bennington business properties could soon change hands via foreclosure or tax sale auction.
According to public notices posted in the Bennington Banner, property between 113 Depot St. and 174-84 North St. — a cleared area that encompasses the former Henry M. Tuttle Co. lumber and hardware site — will be sold at auction by the mortgage holder on May 10 at 11 a.m. at the site.
The owner of record since is Applejack Real Estate Partners, LLC, and the mortgage holder is Apollo Industries Inc., represented by attorney Joseph O'Dea.
The notice states that Tuttle Co. conveyed the property to Johnson's Fuel Service Inc. in 1996, and it was later transferred to Applejack Real Estate in 2005.
Terms of the pending auction include a required $10,000 deposit from the high bidder, to be increased to 10 percent of the sale price within five days after the sale, and to sign a purchase and sale agreement without contingencies at the time of the sale.
The property is being sold "as is, where is, with all faults (known or unknown), with no representations or warranties of any kind whatsoever, to the highest bidder," according to the legal notice.
Tax sales planned
Meanwhile, the town of Bennington has scheduled a tax sale auction for property listed as owned by Burgess Brothers Inc., at 1246 Burgess Road. The site will be auctioned May 8 at 10 a.m. at the town offices on South Street.
Burgess Brothers was considered on the oldest companies in Vermont, dating to 1792, when the business was sold in 2011 to a Rutland firm, Earth Waste Systems.
The auction notice states that back taxes are owed the town dating from the 2016-17 fiscal year.
Another business property, site of the former Cap-Tan Color Inc. at 254 Benmont Ave., with taxes owned dating to 2010-11, also will be sold May 8 at the town offices, beginning at 10 a.m.
Jim Therrien writes for New England Newspapers in Southern Vermont, including the Bennington Banner, Brattleboro Reformer and Manchester Journal. Twitter: @BB_therrien
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