Peak Property Group Vermont Real Estate

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$1,950,000
49 Days On Site

119 Main Street
Ludlow, VT 05149

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
6,510
SqFt
$300
/SqFt
1835
Built
County:
VT-Windsor
Listing courtesy of Dick Palmer of Hospitality Consultants, LLC

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119 Main Street119 Main Street119 Main Street119 Main Street
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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.

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Listing Snapshot
Price 
$1,950,000
Days On Site 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,510 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1835
MLS® Number 
5020926
Status 
Active
Property Tax 
$9,922.6
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.26
Parking 
On Street
Sewer 
Public Sewer
SqFt Total 
6510
Utilities 
Cable Available
Water Source 
Public
Zoning 
Village Commercial
Interior Features
Basement 
Partial
Heating 
Forced Air
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Exterior Features
Lot Features 
Level
Roof 
Metal
Listing courtesy of Dick Palmer of Hospitality Consultants, LLC



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Data Last Updated: 2024-10-15 07:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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