 603-643-3942
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$1,950,000 | $300 per sq.ft.
Commercial Property, 119 Main Street Village of Ludlow in Town of Ludlow VT | Space type Business w/ Real Estate Homestyle restaurant subdivision, MLS# 5020926
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| DESCRIPTION
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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.
Building Type : Hospitality Misc : Fire System | Furniture Included | Public Restrooms Sale Includes : Barn | Land/Building/Business Signage-| Adequate Price per SQFT | 299.54 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 299.54 | Year Built: 1835 No. of Units-| 0 Building Size | 6510 Available SQFT | 3743 Basement: Partial |
Building Type: Hospitality Roof: Metal Garage And Parking: On-Site | On Street Road Frontage: 62 Heating: Forced Air | Propane Cooling: Wall AC Units | Mini Split Electric: Circuit Breaker(s) Utilities: Cable - At Site | Gas - LP/Bottle | Multi Phone Lines No. of Docks | 0. No. of Drive Doors | 6510. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.26 acres Zoned: Village Commercial Flood Zone: Yes Road Frontage: 62 |
Taxes $9,923 | Assesed Value $0 in | ||
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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Data last updated November 23rd, 2024 |
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