Building Details

Year Built 1886

Construction Victorian

Listing Agency: Coldwell Banker Hickok and Boardman

Listed By: The Steve Audette Team Show Phone

Source: 603luxury

Added: Oct 22 Changed: Oct 24 Last Checked: Aug 25 at 3:50AM

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Investment Insights

Based on property information with market context.

Built in 1886, this Victorian bed and breakfast offers nine guest accommodations with updated en-suite baths, along with owner’s quarters and an inn kitchen. Historic details include hardwood flooring, stained-glass windows, a butler’s pantry, a decorative English tile fireplace surround, and original shutters. The grounds feature mature maple trees and perennial gardens.

The property is in Shelburne Village, within walking distance of restaurants, shops, the library, the Shelburne Farmers Market, and community events. Shelburne Museum is less than one mile away, and Shelburne Farms is under two miles away.

Village-1 zoning permits bed-and-breakfast use; single-family residential use is also permitted subject to applicable approvals. Building features include programmable electronic locks, two sprinkler systems, natural gas service, and EV charging.

Key Highlights

• Nine guest accommodations with updated en‑suite baths
• 1886 Victorian building with hardwood floors and stained‑glass windows
• Inn kitchen and separate owner’s quarters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$58,557

Cap Rate

4.18%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,171,140 $1.2M

Cap Rate 7%

$836,529 $836.5K

Cap Rate 9%

$650,633 $650.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,932 SF

Gross rent

$124.8K $18.00/SF

− Vacancy

−$1.5K −$0.22/SF

EGI

$123.3K $17.78/SF

− OpEx

−$64.7K −$9.34/SF

NOI

$58.6K $8.45/SF

Area

Chittenden County, VT

Vacancy

1.20%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,171,140

Cap Rate 7%

$836,529

Cap Rate 9%

$650,633

Alternative Uses

Best Use

Hotel Hospitality

$836.5K

$732.0K – $976.0K (±1% cap)

NOI $58,557 @ 7.0% cap · market cap 4.18%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.90M

$1.66M – $2.22M (±1% cap)

NOI $133,094 @ 7.0% cap · market cap 9.51%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Heart of the Village Inn, ... Bed & Breakfast

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

314

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 05482, VT

7,751

Population

3,596

Households

2.2

Avg Household Size

48

Median Age

69%

College-Educated

97%

High-School Grad

24.3 sq mi

ZIP Area

319

Density / Sq Mi

$115,019

Median Household Income

$71,660

Median Earnings

$1,244

Median Rent

$515,800

Median Home Value

Similar Off Market Nearby

• Heart of the Village Inn, Modern Vermont Bed & Breakfast — 5347 Shelburne Rd, Shelburne, VT 05482

Frequently Asked Questions

What type of property is this?

Bed & breakfast - Nine guest rooms, updated en-suite baths, and separate owner’s quarters support continued lodging use.

Where is this bed & breakfast located?

The property is located at 5347 Shelburne Rd Shelburne, VT.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Nine guest accommodations with updated en‑suite baths; 1886 Victorian building with hardwood floors and stained‑glass windows; Inn kitchen and separate owner’s quarters