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360 Main StreetBurlington, VT 05401Price: $2,700,000

  • Price: $2,700,000
  • 38 Days on Market
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Federal 30-year interest rate: 2.8% last updated on Oct 22, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,700,000List Price
  • 0.58Acreage
  • 6,350Square Feet

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Listed by Dick Palmer of Hospitality Consultants, LLC
After 17 years, the owner of Lang House has decided to retire. During her tenure, she has developed the property into one of the most successful B&B's in the State of Vermont; achieving extraordinary numbers in Occupancy and Average Daily Rate for a property of 11 guestrooms. The Inn has 9 guestrooms, all with private baths, a staff room with bath, plus bright common space with high ceilings and architectural details which exemplify the era in which the inn was built as a private home in 1881. The Carriage House, situated to the rear of the property, has 2 guestrooms (each with a private bath) plus owner's quarters with living room/dining room, kitchen, two bedrooms, 1.5 baths and an office. This space is larger and more private than most B&B properties in Vermont, an additional amenity for the new innkeeper. Lang House on Main is located within walking distance of the many attractions of Burlington: Church Street Marketplace with its shops and restaurants, the Lake Champlain waterfront, the Flynn Theater, University of Vermont, Champlain College, and UVM Medical Center. Interested buyers will be required to fill out a Prospect Information Package before receiving our marketing brochure which includes complete financial information supporting the listed price.

Property Details of 360 Main Street

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 October 24, 2020.

 

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