119 Main St Ludlow, VT 05149
- Commercial real estate
- 3,743 SF
- 0.26 lot acres
Current Use by Public Records
- Homestyle Hotel & Restaurant / Restaurant
Property Details for 119 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.26 lot acres
- Property size
- 3,743 SF
- Property type
- Commercial real estate
- APN
- (112) 230431.000
- APU
- 112230431000
Description
This exceptional Ludlow, VT business opportunity presents a fully operational, high-performing restaurant ideally situated on Main Street, less than a mile from Okemo Mountain's main ski lodge. Boasting 6,510 square feet on a 0.26-acre lot, this property has been a TripAdvisor #1-rated establishment. Currently operating as a highly successful restaurant, it's zoned and licensed for both restaurant and hotel use since 2014. The restaurant features a full bar, main dining room, and an upgraded commercial kitchen on the first floor. Five private dining rooms are located on the second level, complemented by outdoor al fresco dining on a wraparound porch (May-October). The business operates four days a week (4 pm-9 pm), 44 weeks a year, consistently serving 120-180 patrons per evening on weekends. The sale includes all equipment, assets, trademarks, website, and customer databases. This turnkey operation offers significant potential for growth through expansion into event hosting, meetings, and lodging, leveraging its established reputation and prime location in a bustling mountain town tourist destination. The property's proven cash flow and established brand make it an attractive investment for restaurateurs, hoteliers, or investors seeking a year-round income stream. All interested parties will be required to complete a Prospect Information Package.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ludlow
- County
- Windsor
- State
- Vermont
- Longitude
- -72.6983
- Latitude
- 43.3964
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA