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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
- List Date:
- 2024-10-11
- Last Updated:
- 2025-01-08 22:18:33