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Ludlow,VT 05149
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,069 sqft
Price per Sqft $245
MLS Listing ID 5031160
Bedrooms 11
Full Baths 11
Year Built 1890
Annual Tax Amount $14,079
Tax Year 2024
Lot Size 0.440 Acres
Property Description
Turnkey Village Inn and Restaurant in the heart of Ludlow, Vt. only steps to Okemo Mountain Ski Resort. This fully furnished and equipped property includes 9 guest rooms with private baths, a 2 bedroom, 2 bathroom owner's apartment, and a former wine bar/restaurant space ready to relaunch with all FF&E included. Historic charm throughout, wood floors, fireplaces, and original detail-paired with numerous renovations and upgrades, and strong income potential. Walkable to shops, dinning and the Okemo shuttles. Flexible village center zoning supports a range of commercial or residential uses. The proximity of the Governor's Inn to local attractions, such as the Okemo's winter and summer activities, Friday night concerts, farmers market, buttermilk falls, lakes region, hiking trail, cheese factories and Black River sees year round business with skiers, hikers, bicyclists, boaters and fishing. This is not just a winter ski inn, The Governor's Inn operates year-round generating consistent revenue across all four seasons. The inn is also part of the collaboration between four inns that offers a walking experience to guests between the months of May and October. The top four income producing months are October, September, August and February, in that order. A rare opportunity to own a move in ready, income-generating property in one of Vermont's most desirable ski towns.
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning village
Rooms
Basement Entrance Walkout
Interior
Cooling Mini Split
Flooring Hardwood,Tile
Exterior
Utilities Available Cable
Waterfront Description No
View Y/N No
View No
Roof Type Metal,Asphalt Shingle,Slate
Building
Story 3
Sewer Public Sewer On-Site
Schools
Elementary Schools Ludlow Elementary School
Middle Schools Choice
High Schools Choice
School District Two Rivers Supervisory Union