156 Main St Ludlow, VT 05149

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.