Every once in a while an outstanding Hospitality Property becomes available here in Vermont. This is one of Vermont’s premier establishments. Besides being listed on the National Register of Historic Places, the Inn boasts higher than average occupancy and average daily rate as well as a net operating income to support the sales price of $2,990,000.
Interested parties will be required to fill out a Prospect Information Package that includes a confidentiality agreement, an overview of personal experience and financial information showing their ability to purchase prior to receiving a complete 70+ page brochure.
Willard Street Inn, a Bed & Breakfast Mansion, is located in Burlington’s prestigious Hill District. Situated on 1.16 acres with views of Lake Champlain and the Adirondack Mountains to the west, the mansion was constructed in 1881-1882 reflecting a combination of Victorian Queen Anne and Colonial Georgian Revival Architecture, containing 13,482± square feet including full, partially walk-out basement. The inn and gardens, having been meticulously maintained by current ownership, are in excellent condition.
The 14 guest rooms and suites have updated private baths with all the modern conveniences without compromising the integrity of the structure. Multiple public rooms are spacious, bright and airy. Breakfast is served in the west facing Solarium which overlooks the gardens and the view of Lake Champlain and the Adirondacks.
The owner’s quarters are unusually large (1,800± square feet), consisting of a great room with fireplace, combination kitchen/dining area, two bedrooms (or 1 bedroom, 1 office) and bath. It is accessed by a private entrance into a walled deck from the private parking area off Spruce Street. Qualified buyers will receive a 71 page brochure with complete details of the inn, the property, and financial information.
Updated on November 19, 2021 at 9:52 am