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Property profile & analytics
OFF-MARKET
Commercial real estate

119 Main St Ludlow, VT 05149-1058

3,743 SF 0.26 ac lot Built 1900
Entity Owned Free & Clear
Property ID
US89-0164116
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction FRAME
Total area 3,743 SF
Lot 0.26 ac (11,326 SF)
APN (112) 230431.000
UPID US89-0164116
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Homestyle Hotel & Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Schultz Properties, LLC
Schultz Properties, LLC
since 2025
Last sale
$600,000
2 recorded transactions
2025
$600,000
2014
$355,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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