Ludlow, VT | 86 Main Street

$1,490,000
MLS#: 5018273
0.44
Acres
105
Road Frontage
9,109
SQ. Feet
$14,079
Taxes
1 of 53

General Property Information

Price:
$1,490,000
Property Status:
Active
County:
VT-Windsor
Agency/Brokerage:
John Napier
TPW Real Estate

Turnkey Village Inn and Restaurant in the heart of Ludlow, Vt. only steps to Okemo Mountain Ski Resort. This fully furnished and equipped property includes 9 guest rooms with private baths, a 2 bedroom, 2 bathroom owner’s apartment, and a former wine bar/restaurant space ready to relaunch with all FF&E included. Historic charm throughout, wood floors, fireplaces, and original detail-paired with numerous renovations and upgrades, and strong income potential. Walkable to shops, dinning and the Okemo shuttles. Flexible village center zoning supports a range of commercial or residential uses. The proximity of the Governor’s Inn to local attractions, such as the Okemo's winter and summer activities, Friday night concerts, farmers market, buttermilk falls, lakes region, hiking trail, cheese factories and Black River sees year round business with skiers, hikers, bicyclists, boaters and fishing. This is not just a winter ski inn, the Governor's Inn operates year-round, generating consistent revenue across all four seasons. The inn is also part of the collaboration between four inns that offers a walking experience to guests between the months of May and October. The top 4 income producing months are October, September, August and February, in that order. A great opportunity to own a move in ready, income-generating property in one of Vermont’s most desirable ski towns.

Property Features

Year Built:
1890
# of Stories:
Road Frontage:
105
Zoning:
village
Acres:
0.44
Total Sq ft:
9109
# of units:
9
Parking:
Driveway,Off Street,On-Site,Parking Spaces 11 - 20,Paved
Basement:
Concrete Floor,Partially Finished,Interior Stairs,Walkout,Interior Access,Exterior Access
Location:
In Town,Near Golf Course,Near Shopping,Near Skiing,Village
Exterior Features:
Sales Includes:
Land/Building/Business
Roof Style:
Metal,Asphalt Shingle,Slate
Type:
Bed/Breakfast,Business w/ Real Estate
Misc:
Fire System,Inventory Included,Smoke/Heat Detectors
Foundation:
Concrete,Fieldstone
Fuel:
Heating & Cooling:
Baseboard,Electric,Floor Furnace,Oil,Mini Split
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-10-11
Last Updated:
2025-01-08 22:18:33

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

Ask About this Property
Your Name:


Your Email Address:


Message: