$1,500,000

119 Main Street, Ludlow, VT 05149

  • 3,743 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1835
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $401/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

This listing courtesy of 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. Purchaser to pay $ for $ for inventory which is standard practice in the industry.

Listing Status:
Active
Date Added:
November 2, 2024 at 05:00AM
Listing Office:
Hospitality Consultants, LLC : 802-293-5007
Listing Agent:
Dick Palmer : 802-293-5007
MLS ID:
5020926
  • Basement: Partial
  • A/C: Mini SplitWall AC Units
  • Heating: Forced AirPropane

This listing courtesy of Dick Palmer, Hospitality Consultants, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Ludlow Elementary School

45 Main St, Ludlow, VT, 05149

Grades PK-6

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.