91 Route 103SLudlow, VT 05149MLS Number 4816581

  • Price: $695,000
  • 186 Days on Market
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Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
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  • 4.1Acreage
  • 1983Year Built
  • 7,306Square Feet
  • ActiveMLS Status

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Listed by Suzanne Garvey of Mary W. Davis Realtor & Assoc., Inc.
Prime business opportunity in Ludlow, VT, home of Okemo Mountain Resort. Successful, profitable restaurant (real estate, business and fully furnished, including appliances) is currently being offered for sale. Over 6,000 square feet of open space, plus lounge with sit down bar, and multiple kitchen spaces allow for capturing a significant volume of high traffic to this very busy business. Or purchase the real estate and put your creative mark on it for a retail business. Exceptional visibility, abundant parking, and seating for over 200 guests make this a rare opportunity for the next eager entrepreneur. Located at the entrance to the beautiful ski town of Ludlow, tourists and locals enjoy the character, charm and curb appeal of the 4.1 +/- acre property. Options for diversification include room for a retail space on the main level and office space with extra storage on the second floor. Assets include updates in 2018: New Hot Water Heater - Walk-In Compressor - $25,000 "Gold Dust" Sign - Updated Floor Under Top-of-the-Line Salad Bar - Dry Age Locker - Security Camera System - State of the Art Hood System ($48,000) - Bar Beer Tap System - Grease Trap - The exterior of the building was resided five years ago with cement shingles and the interior has multiple A/C units throughout. Why lease when you can purchase this exceptional prime real estate? Endless possibilities: country store, sports shop, office space, or keep it a positive cash flow restaurant!

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Basic Information

  • StatusACT
  • Modification Date01/16/2021
  • TypeHospitality
  • List Price$695,000
  • Broker NameMary W. Davis Realtor & Assoc., Inc.
  • Listing Agent NameSuzanne Garvey
  • Lister Office NameMary W. Davis Realtor & Assoc., Inc.
  • MLS Number4816581
  • MLS StatusActive

Location

  • Building Number91
  • StreetRoute 103S
  • TownLudlow
  • StateVT
  • Zip05149
  • CountyWindsor

Property

  • Acreage4.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Shopping, Near Skiing, Near Snowmobile Trails
  • Lot Sqft178,596
  • Road Frontage875

Building

  • Year Built1983
  • ConstructionWood Frame
  • FoundationSlab - Concrete
  • Square Feet7,306
  • Available Sqft6,489
  • Garage Spaces

Exterior

  • ExteriorCement, Shake
  • RoofStanding Seam

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingAir to Air Heat Exchanger, Hot Water
Mary Mitchell Miller Real Estate
Mary Mitchell Miller Real Estate
620 Main Street
PO Box 8
Weston, VT 05161
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 15, 2021.

 

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