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Brie Stephens

[email protected] +1(603) 819-8071

Listed by John M Napier • TPW Real Estate

$ 1,490,000

Est. payment -/mo

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Active

86 Main ST Ludlow, VT 05149

11 Beds

11 Baths

6,069 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,069 sqft

Price per Sqft $245

MLS Listing ID 5031160

Bedrooms 11

Full Baths 11

Construction Status Existing

Year Built 1890

Annual Tax Amount $14,079

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Description

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 four income producing months are October, September, August and February, in that order. A rare opportunity to own a move in ready, income-generating property in one of Vermont's most desirable ski towns.

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning village

Rooms

Basement Entrance Walkout

Basement Concrete Floor, Full, Storage Space, Walkout, Interior Access, Exterior Access, Basement Stairs

Interior

Cooling Mini Split

Flooring Hardwood, Tile

Exterior

Utilities Available Cable

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Metal,Asphalt Shingle,Slate

Building

Story 3

Sewer Public Sewer On-Site

Architectural Style Victorian

Construction Status Existing

Schools

Elementary Schools Ludlow Elementary School

Middle Schools Choice

High Schools Choice

School District Two Rivers Supervisory Union

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