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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