Commercial > Other
Active
11/02/2024
List Price
$1,500,000
119 Main St
Ludlow, VT 05149
- 7Beds
- 6Baths
- 3,743ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1835Year Built
- 269DOM
- -Permit
119 Main St, Ludlow, VT 05149 is a 7 bed, 6 bath, 3,743 ft² property built in 1835 on a 0.260 acre lot. This property is currently for sale for $1,500,000.
MLS Description
The listing agent's description. Original Listing
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. Purchaser to pay $ for $ for inventory which is standard practice in the industry.
Listing Agents
The listing agent for 119 Main St is Dick Palmer.
DP
Dick Palmer
Hospitality Consultants, LLC
Phone: (802) 293-5007
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2022$7,744.00From latest Total Assessed Value1.83%Total Assessed Value$423,400=Land+
Assessed Value$140,000Additions
Assessed Value$283,400
In 2022, taxes billed for 119 Main St were $7,744, which is 1.83% from latest Total Assessed Value of $423,400.
Property History
119 Main St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 119 Main St
Hazard Risks
Wind121Nat'l Avg100Particulates90Carb Mono83Air Pollution82Ozone78Hurricane70Earthquake65Lead42Weather42Hail22Tornado0
11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 119 Main St.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
119 Main St has a walkability score of 11 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
9°F
High
29°F
Summer
Average
Low
51°F
High
75°F
In the winter at 119 Main St, temperatures range from 9.38°F to 29.45°F with an average of 19.42°F. In the summer, the temperature ranges from 50.74°F to 75.29°F with and average of 63.02°F.
School Information
Public/private schools serving 119 Main St
Public Schools
Rutland High School
Grades: 9-12
19.98 mi
B-
Rutland Middle School
Grades: 7-8
20.62 mi
F
Bellows Falls Middle School
Grades: 7-8
22.17 mi
C-
Bellows Falls High School
Grades: 9-12
23.08 mi
B
Springfield High School
Grades: 9-12
13.64 mi
D-
Riverside Middle School
Grades: 6-8
11.99 mi
D
Mill River Union High School
Grades: 7-12
17.22 mi
D+
Ludlow Elementary School
Grades: PK-6
0.49 mi
B
Green Mountain Union High School
Grades: 7-12
11.48 mi
B
Woodstock Union Middle / High School
Grades: 7-12
16.77 mi
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 119 Main St have ratings undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 05149.
Seasonal Housing units 05149
93%of housing is for seasonal rent.
Daytime Population for 05149
+44%of people during work hours.
Crime Index for 05149
187
187
The crime index in 05149 is 187, which is 1.9 times higher than national average.
Market Trends
Historical market data near 119 Main St over selected time period.
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