3260 Greenbush Rd Charlotte, VT 05445
- Commercial real estate
- 4,640 SF
- 9.54 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3260 Greenbush Rd
- Year built
- 2011
- Lot size
- 9.54 lot acres
- Property size
- 4,640 SF
- Property type
- Commercial real estate
- APN
- (043) 00004-3260
- APU
- 43000043260
Description
This exceptional 8,795 square foot event barn, located at 3260 Greenbush Road in Charlotte, Vermont, presents a rare opportunity to acquire a piece of Vermont history. Known as "The Old Lantern," this iconic venue has hosted hundreds of weddings and events over two decades, establishing itself as a sought-after destination. Nestled on a picturesque 6.23-acre lot, the barn seamlessly blends rustic elegance with modern amenities. Its spacious interior comfortably accommodates large gatherings while maintaining an intimate atmosphere, perfect for a variety of functions including weddings, corporate events, and private celebrations. The property's prime location in the heart of Vermont offers a quintessential Vermont experience for guests. The barn's historic charm is undeniable, providing a unique and memorable setting for any occasion. This turnkey operation is ready for a new owner to continue its legacy of hosting unforgettable events. The property is offered at $1,750,000. This is a truly exceptional opportunity to own a well-established and highly sought-after event venue in a stunning Vermont setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $935,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,345,000
- 6.5%
- $1,505,000
- 7%
- $1,315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,565,000
- Geo Method
- $1,215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,415,000
- Retail
- $1,285,000
- Mixed-Use
- $1,605,000
- Hospitality
- $1,230,000
- Educational
- $1,390,000
- Residential Income
- $1,370,000
- Energy
- $1,250,000
- Income-Based Land
- $1,340,000
- Food Service
- $1,270,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.2567
- Latitude
- 44.3045
- CBSA code
- 15540
- CBSA name
- BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA