Ludlow Mixed-Use Investment
For Sale
$1,550,000
156 Main St, Ludlow, VT 05149
Mixed-use property in Ludlow, Vermont with income potential.
Property Size7,566 SF
Price / SF$204.86
Days on Market143
Property Features for 156 Main St
General Information
Standard status
Active
Size
7,566 SF
Property subtype
Commercial
Zoning
commercial, downtown
Taxes and HOA fees
Annual Taxes
$13,821
Building Details
Year Built
1990
Listing Agency:
TPW Real Estate
(860) 559-9334
Listed By:
John M Napier
Source:
Thepaulmartinteam
Added: Apr 10
Changed: Aug 23
Last Checked: Aug 29 at 10:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TPW Real Estate
Investment Insights
Based on property information with market context.
Located in the heart of Ludlow, Vermont, this 11,409 square foot commercial building features 7,566 square feet of finished space. Constructed in 1990, the property occupies a central location on Main Street, offering high visibility, walkability, and convenient access to local boutiques and restaurants. The building includes seven apartments and two commercial spaces, presenting diverse investment possibilities. The two commercial spaces are located on the first floor with street views and the option to combine them into a single larger unit. The residential component consists of three two-bedroom apartments and four one-bedroom apartments, each equipped with a furnished kitchen and a full bathroom. The property has been well maintained and includes a complete fire suppression sprinkler system. Ample parking is available, with an onsite parking lot accommodating 15 vehicles, supplemented by on-street parking. The building's exterior features vinyl siding with wood trim, and the windows are double pane. The property has income potential when fully leased at market rents, including a previously occupied commercial space with an estimated annual income of $40,000. The property is projected to support a gross income of approximately $150,000. The property is located minutes from Okemo Mountain Resort, Fox Run Golf Course, and several lakes. Ludlow is easily accessible from major Northeastern cities.
Key Highlights
- Prime Main Street location in Ludlow, Vermont, offering excellent visibility and walkability.
- Substantial income potential with seven apartments and two commercial spaces, projected to support gross income of approximately $150,000 when fully leased.
- Turn‑key investment opportunity with a complete fire suppression sprinkler system and furnished apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 05149, VT
2,408
Population
3,399
Households
0.7
Avg Household Size
53
Median Age
46%
College-Educated
94%
High-School Grad
42.4 sq mi
ZIP Area
57
Density / Sq Mi
$63,098
Median Household Income
$37,582
Median Earnings
$1,124
Median Rent
$324,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Ludlow, Vermont with income potential.
Where is this mixed-use property located?
The property is located at 156 Main St Ludlow, VT.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Prime Main Street location in Ludlow, Vermont, offering excellent visibility and walkability.; Substantial income potential with seven apartments and two commercial spaces, projected to support gross income of approximately $150,000 when fully leased.; Turn‑key investment opportunity with a complete fire suppression sprinkler system and furnished apartments.
