Lamere Sq Ludlow, VT 05149
Sponsored
For Sale
$1,465,000
Profitable VT Commercial Complex
Description
- Added:
- Feb 3, 2025
- Days on Market:
- 338
Lamere Square, a thriving commercial complex located in the heart of Ludlow, Vermont, presents a unique investment opportunity. This established property boasts eight commercial units, primarily occupied by long-term tenants under favorable lease agreements, and three residential units, all currently rented and generating consistent income. The complex comprises five buildings, including the distinctive "Hut," totaling approximately 14,439 square feet of finished space. Recent significant improvements have been made throughout the property, encompassing roof replacements, boiler upgrades, and a newly paved parking lot, ensuring both functionality and aesthetic appeal. The property's strong financial performance is readily available for review by qualified buyers. The current owners are committed to a smooth transition, offering potential buyers access to detailed financial records, including income and operating expense statements. To facilitate a seamless transfer, the sellers are open to discussing owner financing options and a transitional management period, providing support and guidance to the new owner. This is an exceptional opportunity for investors seeking a stable, high-performing asset in a desirable Vermont location. The property's diverse tenant base, encompassing restaurants, retail, and residential units, contributes to its resilience and consistent cash flow. This turnkey investment is ready for a new owner to continue its legacy of success. Detailed information regarding individual unit leases, financial statements, and recent improvements is available upon request.
Property Features for Lamere Sq
General Information
- Property type
- Investment properties
Property Profile
Location Intelligence
Current Use by Public Records
Investment properties
Map
- City
- Ludlow
- County
- Windsor
- State
- Vermont
- Longitude
- -72.70325
- Latitude
- 43.39561
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Investment property - Profitable VT Commercial Complex
Where is this investment property located?
The property is located at Lamere Sq Ludlow, VT.
What is the asking price?
The asking price for this property is $1,465,000.