VT > Ludlow
Ludlow, VT 05149,119 Main ST
Ludlow, VT 05149,119 Main ST
Ludlow, VT 05149,119 Main ST
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Jonathan Bombaci

Jonathan Bombaci

+1(978) 710-5616
Listed by Dick Palmer • Hospitality Consultants, LLC
$1,500,000
Est. payment /mo
3,743 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 3,743 sqft

Price per Sqft $400

MLS Listing ID 5020926

Year Built 1835

Annual Tax Amount $9,922

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Hospitality

Property Description

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. Purchaser to pay $ for $ for inventory which is standard practice in the industry.

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning Village Commercial

Rooms

Basement Entrance Interior

Basement Partial

Interior

Cooling Wall AC Units, Mini Split

Inclusions Barn, Land/Building/Business

Exterior

Parking Features On-Site, On Street

Garage Description On-Site, On Street

Utilities Available Cable - At Site, Gas - LP/Bottle, Multi Phone Lines

Roof Type Metal

Building

Sewer Public Sewer On-Site

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+1(978) 710-5616