Price Reduced 9.40%

$1,350,000 ($222.44 per sqft)

Est. Mortgage $6,475/mo *

Quick Pre-Approval

Listing courtesy of John Napier, TPW Real Estate 802-228-9400


Price History

$1,490,000
3/5/2025

$1,350,000
11/1/2025


86 Main Street, Ludlow, VT, 05149

86 Main Street, Ludlow, VT, 05149

20 rooms

11 beds

10 Full baths

1890

Victorian

6,069 sqft

Turnkey Village Inn and Restaurant in the heart of Ludlow, Vt. only steps to Okemo Mountain Ski Resort. This fully furnished and equipped property includes 9 guest rooms with private baths, a 2 bedroom, 2 bathroom owner’s apartment, and a former wine bar/restaurant space ready to relaunch with all FF&E included. Historic charm throughout, wood floors, fireplaces, and original detail-paired with numerous renovations and upgrades, and strong income potential. Walkable to shops, dinning and the Okemo shuttles. Flexible village center zoning supports a range of commercial or residential uses. The proximity of the Governor’s Inn to local attractions, such as the Okemo's winter and summer activities, Friday night concerts, farmers market, buttermilk falls, lakes region, hiking trail, cheese factories and Black River sees year round business with skiers, hikers, bicyclists, boaters and fishing. This is not just a winter ski inn, The Governor's Inn operates year-round generating consistent revenue across all four seasons. The inn is also part of the collaboration between four inns that offers a walking experience to guests between the months of May and October. The top four income producing months are October, September, August and February, in that order. A rare opportunity to own a move in ready, income-generating property in one of Vermont’s most desirable ski towns.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

village

Frontage:

105

Heating:

Oil, Baseboard, Electric, Floor Furnace, Mini Split

Cooling:

Mini Split

Basement:

Concrete Floor, Full, Storage Space, Walkout, Interior Access, Exterior Access, Basement Stairs

Parking:

Off Street, Parking Spaces 11 - 20, Paved

Acreage:

0.44

Est. Taxes:

$14,079

Lot Description:

Level,Major Road Frontage,Mountain View,Sidewalks,In Town,Near Golf Course,Near Shopping,Near Skiing,Near School(s)

Elementary School:

Ludlow Elementary School

Middle School:

Choice

High School:

Choice

School District:

Two Rivers Supervisory Union

MLS #:

5031160


Community Info

School Info

Walk Score

Mass Transit

Yelp