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Courtesy of Livian Vermont of Kw Vermont.

1860 Shelburne Road

South Burlington, VT 05403
  • $2,300,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 4908039
UPDATED: 25 min ago
$2,300,000
  • 0
    BEDS
  • 1.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Take advantage of this amazing investment opportunity with this successful 21 unit hotel located in the prime location of South Burlington, VT right off Shelburne Rd! For almost 40 years this hotel has been providing comfort and an ideal location to all local and out of state visitors looking for a getaway close to Burlington, Shelburne, Charlotte and plenty of hot town attractions! Purchased in 2004 by the current owner, they have successfully ran and managed this property for nearly 20 years. The hotel offers flexible room styles to accommodate all guest needs, with rooms including double twin beds, single twin bed or california king beds. All room styles feature a private bathroom, microwave, fridge, free wifi access and cable for guest convenience. An owner's office is located on the property with a large security room and a private kitchen. Additional housekeeping storages are located throughout the property as well. The large parking area and inground pool are a huge hit with guests! Strong financials verify the success of the business and the longstanding reputation it has with the community. Guests love the close proximity to dining in the area including Paulines Cafe and the Lake-view House. Town attractions, entertainment and amenities are just a short drive away to central Burlington, Burlington International Airport, UVM, Shelburne Museum and Shelburne farms to name a few. Call today to inquire about this amazing opportunity and schedule your tour!

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this 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 2022-05-20T23:06:38.23.
www.thehammondteam.com/homes/128333130
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1860 Shelburne Road South Burlington, VT 05403

  • Price: $2,300,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 25 min ago
  • MLS #: 4908039
0
Beds
0
Baths
0
½ Baths
1.38
Acres
1970
Built
Neighborhood:
South Burlington
County:
Chittenden
Area:
South Burlington
Property Description
Take advantage of this amazing investment opportunity with this successful 21 unit hotel located in the prime location of South Burlington, VT right off Shelburne Rd! For almost 40 years this hotel has been providing comfort and an ideal location to all local and out of state visitors looking for a getaway close to Burlington, Shelburne, Charlotte and plenty of hot town attractions! Purchased in 2004 by the current owner, they have successfully ran and managed this property for nearly 20 years. The hotel offers flexible room styles to accommodate all guest needs, with rooms including double twin beds, single twin bed or california king beds. All room styles feature a private bathroom, microwave, fridge, free wifi access and cable for guest convenience. An owner's office is located on the property with a large security room and a private kitchen. Additional housekeeping storages are located throughout the property as well. The large parking area and inground pool are a huge hit with guests! Strong financials verify the success of the business and the longstanding reputation it has with the community. Guests love the close proximity to dining in the area including Paulines Cafe and the Lake-view House. Town attractions, entertainment and amenities are just a short drive away to central Burlington, Burlington International Airport, UVM, Shelburne Museum and Shelburne farms to name a few. Call today to inquire about this amazing opportunity and schedule your tour!
Exterior Features

Exterior Wood Siding Parking On-SitePaved Road Frontage Yes Road Frontage Length 200 Roof MetalShingle

Interior Features

Basement No Cooling Wall Ac Units Equipment Satellite DishSmoke Detector Heating Heat Pump Sq Ft Total Building 7676

Property Features

Commercial Features Smoke/Heat Detectors Covenants No Electric Circuit Breaker(S) Flood Zone No Heat Fuel Gas - Natural Natural Gas Available Yes Net Income 270089 Pre Construction No Project Building Name G.G.T Tibet Inn Sale Includes Land/Building/Business Seasonal No Sewer Public Span Number 600-188-14715 Sub Property Type BusinessMulti-Family Sub Property Type Use Other Tax Gross Amount 10793.64 Tax Year 2022 Taxes Tbd No Utilities Cable - AvailableInternet - CableTelephone Available Water Public Zoning Commercial

Courtesy of Livian Vermont of Kw Vermont: 802-654-8500.


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this 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 2022-05-20T23:06:38.23.
 
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Keller Williams Vermont
68 Randall Street
South Burlington VT, 05465