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.
For generations, the Pot Belly building was a familiar and beloved part of Ludlow Village—a place where locals and visitors gathered, stories were shared, and the energy of the village came to life. Today, the building may be gone, but the opportunity it created is just beginning. Now offered as a prime, cleared village lot, this property represents a rare chance to be part of Ludlow’s next chapter. Perfectly positioned in the heart of the village, the site enjoys excellent visibility, walkability, and proximity to shops, dining, Okemo Mountain, and year-round recreation. The current owners have already laid the groundwork for what’s next. Town site plan and conditional use approvals are in hand, and the sellers are happy to share their full vision with the next owner—including conceptual floor plans for a restaurant at street level with four luxury residential condominiums on levels two and three. This thoughtful mixed-use concept was designed to complement the character of the village while meeting modern demand for high-end residences and vibrant commercial space. Whether you choose to carry this vision forward or bring your own ideas to life, this property offers an exceptional head start on development in one of Vermont’s most desirable mountain communities. With approvals secured and a clear path forward, this is a unique opportunity to build something special—honoring Ludlow’s past while shaping its future. Do not access the fenced area unless an agent is present.
© 2026 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice.

