Listed by Dick Palmer with Hospitality Consultants, LLC 802-293-5007

Active

119 Main Street

Ludlow VT, 05149

$1,950,000


$299.54 per sqft

Active

6,510 sqft

Commercial

Built in 1835

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.

5020926

MLS ID

November 2, 2024

Listed

November 25, 2024

Updated

Map

119 Main Street
Ludlow VT, 05149

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Mini Split, Wall AC Units


Heating

Yes


Heating Description

Forced Air, Gas - LP/Bottle

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Business District


Roof

Metal


Sewer

Public Sewer On-Site

Other Property Details

Area Name

VT-Windsor


Taxes

$9,923


Tax Frequency

Annually


Days on Market

9


Garage

No


Parking

On-Site, On Street


View

No


Pool

No

Listed by Dick Palmer with Hospitality Consultants, LLC 802-293-5007

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