Ludlow, VT | 119 Main Street

$1,950,000
MLS#: 5020926
0.26
Acres
62
Road Frontage
3,743
SQ. Feet
$9,923
Taxes
1 of 22

General Property Information

Price:
$1,950,000
Property Status:
Active
County:
VT-Windsor
Agency/Brokerage:
Dick Palmer
Hospitality Consultants, LLC

Trip Advisor#1 Rated restaurant in Ludlow. A turnkey operation ready for any restaurateur, hotelier or investor looking to own a year-round cash-flowing mountain town destination from afar or operate it themselves. Homestyle Restaurant is in the middle of the touristy hustle and bustle of Okemo Mountain’s main street less than a mile from the main ski lodge. Zoned/licensed as a restaurant and hotel since 2014 but currently operating solely as “one of the Okemo Valley’s best-reviewed and most-booked restaurants” since converting all lodging rooms to dining rooms during the pandemic. Currently operates dinner service four days per week (4pm-9pm), 44 weeks per year. First level features a full bar and main dining room, upgraded commercial kitchen; second level has additional five private dining rooms; and outdoor “al fresco” dining on the wraparound porch adds extra ambiance May-October. Typical weekends are fully booked, serving 120-180 people per evening. A proven, consistent cash-flowing restaurant enterprise, plus opportunities to enhance and/or expand across event, meeting and lodging revenue streams. Updated building plus all equipment, assets, trademarks, promotion/web site customer databases, etc. The possibilities at Homestyle are numerous. All prospects will be asked to fill out the Prospect Information Package.

Property Features

Year Built:
1835
# of Stories:
Road Frontage:
62
Zoning:
Village Commercial
Acres:
0.26
Total Sq ft:
3743
# of units:
Parking:
On-Site,On Street
Basement:
Partial
Location:
Business District
Exterior Features:
Sales Includes:
Barn,Land/Building/Business
Roof Style:
Metal
Type:
Business w/ Real Estate
Misc:
Fire System,Furniture Included,Public Restrooms
Foundation:
Fuel:
Heating & Cooling:
Forced Air,Propane
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-11-02
Last Updated:
2024-11-11 16:06:03

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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