Waterfront
Listing Provided Courtesy Of:
Dick Palmer with Hospitality Consultants, LLC.
Address
360 Main Street Burlington, VT
Price
$ 2,700,000
Property Attributes
  • MLS#4829600
  • TypeCommercial
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleHospitality
  • Year Built1881
  • Taxes$ 41500
  • Price$ 2,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6350
  • Lot Size0.58 Acres
Listing Provided Courtesy Of:
Dick Palmer with Hospitality Consultants, LLC.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

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.

Price History
9/18/2020 Listed $2,700,000

General Features

Basement Yes
Building Name Lang House
Construction Insulation-FiberglssBatt, Stick Built Off-Site, Wood Frame
Cooling Wall AC Units
Electric Circuit Breaker(s)
Features - Accessibility 1st Floor 3 Ft. Doors, 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, 3 Ft. Doors, Access Common Use Areas, Access Parking, Access Restrooms, Accessibility Features
Features - Commercial Additional Outbuildings, Furniture Included, Living Space Available, Phone System, Smoke/Heat Detectors, Windows - Glazed, In-Unit Bathroom
Heating Baseboard
Listing Area VT-Chittenden
Parking On-Site, Parking Spaces 11 - 20, Paved
Price Per Sq Ft 425.2
Road Frontage Yes
Roof Slate
Sewer Public
Status Active
Tax Year 2020
Transport/access City Street, Major Road Access, Near Airport, Public Transportation, Rail Available, Town Highway, Paved
Utilities High Speed Intrnt -AtSite
Water Public
Year Built 1881
Zoning Residential, High Density

Interior Features

Basement Access Type Walkout
Basement Description Climate Controlled, Daylight, Full, Partially Finished, Slab, Stairs - Interior, Storage Space, Walkout, Interior Access, Exterior Access, Stairs - Basement
Equipment CO Detector, Dehumidifier, Smoke Detector, Smoke Detectr-HrdWrdw/Bat, Sprinkler System, Window AC
Gas - Natural Available Yes
Heating Fuel Gas - Natural

Exterior Features

Exterior Aluminum, Clapboard, Shingle, Stone, Wood Siding
Foundation Stone
Lot Size Area 0.58
Road Frontage Length 108
Sprinkler Wet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $2.85M
$2.7M
Taxes
AVG $56,089
$41,500
Visits
AVG 104
86
Year Built
AVG 1881
1881
Walkscore
AVG 78
86
Data Provided by Walkscore ® not using MLS data

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