Commercial for Sale: 119 Main Street, Ludlow, VT 05149

$1,950,000
$1,950,000
119 Main Street, Ludlow, VT 05149
$1,950,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$1,950,000

Type Commercial
Lot Size 0.26 acres
Year Built 1835
Taxes Paid $9,922

City Ludlow
County Windsor

MLS 5020926
Status Active
DOM 6 days
Trip Advisor#1 Rated restaurant in Ludlow. A turnkey operation ready for any restaurateur, hotelier or investor looking to own a year-round cash-flowing mountain town destination from afar or operate it themselves. Homestyle Restaurant is in the middle of the touristy hustle and bustle of Okemo Mountain’s main street less than a mile from the main ski lodge. Zoned/licensed as a restaurant and hotel since 2014 but currently operating solely as “one of the Okemo Valley’s best-reviewed and most-booked restaurants” since converting all lodging rooms to dining rooms during the pandemic. Currently operates dinner service four days per week (4pm-9pm), 44 weeks per year. First level features a full bar and main dining room, upgraded commercial kitchen; second level has additional five private dining rooms; and outdoor “al fresco” dining on the wraparound porch adds extra ambiance May-October. Typical weekends are fully booked, serving 120-180 people per evening. A proven, consistent cash-flowing restaurant enterprise, plus opportunities to enhance and/or expand across event, meeting and lodging revenue streams. Updated building plus all equipment, assets, trademarks, promotion/web site customer databases, etc. The possibilities at Homestyle are numerous. *Serious, funded inquiries only. All prospects will be asked to fill out the Prospect Information Package before the Sellers will allow the financials to be release. Thank you for your understanding.

Lot & Building Features

Utilities Cable - At Site, Multi Phone Lines, Gas - LP/Bottle
Construction Wood Frame
Cooling Mini Split, Wall AC Units
Heat Source Gas - LP/Bottle
Heating Forced Air
Parking Description On Street, On-Site
Sewer Public Sewer On-Site
Tax Year 2024
Taxes Paid $9,922
Water Public Water - On-Site
Basement Description Partial
Lot Description Level, Sidewalks, Neighbor Business
Roof Metal

Price History of 119 Main Street, Ludlow, VT

Date Name Price Difference
11/02/2024 Listing Price $1,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 119 Main Street, Ludlow, VT

Location Map Street View
Photo of Mikki Zeitouni
Direct: 617-319-5786
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Hospitality Consultants, LLC, Dick Palmer
$
20%
0.50885128205128%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

119 Main Street (MLS #5020926) is a commercial listing located in Ludlow, VT. This commercial listing is on a lot of 11,326 sqft (or 0.26 acres) and is 189 years old. This property was listed on 11/02/2024 and has been priced for sale at $1,950,000.

Nearby zip codes are 05142, 05143, 05149 1068, 05149 9511 and 05153. This property neighbors other cities such as Andover, Cavendish, Chester, Mount Holly and Plymouth.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Hospitality Consultants, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 11/08/2024