Ludlow, VT 05149,91 Route 103S
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Ludlow, VT 05149,91 Route 103S
Ludlow, VT 05149,91 Route 103S
Ludlow, VT 05149,91 Route 103S
Ludlow, VT 05149,91 Route 103S
Listed by Suzanne Garvey • Mary W. Davis Realtor & Assoc., Inc.
Bought with Frank Provance • Diamond Realty

$695,000

Est. payment /mo

$695,000

Est.Price: ?

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91 Route 103S Ludlow, VT 05149

6,489 SqFt

SOLD DATE : 06/03/2022

Key Details

Sold Price $695,000

Property Type Commercial

Sub Type Hospitality

Listing Status Sold

Purchase Type For Sale

Square Footage 6,489 sqft

Price per Sqft $107

MLS Listing ID 4876688

Sold Date 06/03/22

Year Built 1983

Annual Tax Amount $10,022

Tax Year 2021

Lot Size 4.100 Acres

Acres 4.1

Property Description

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!

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning Commercial

Interior

Heating Gas - LP/Bottle

Cooling Wall AC Units

Equipment CO Detector, Smoke Detector, Air Conditioner

Exterior

Exterior Feature Cement, Shake

Garage On-Site, Paved

Garage Description On-Site, Paved

Utilities Available Cable - At Site, Telephone Available

Roof Type Standing Seam

Building

Lot Description Level, Major Road Frontage, River, Ski Area

Foundation Slab - Concrete

Sewer Public

Water Public

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PrimeMLS

Corina Cisneros

Broker Associate/ Owner | License ID: 069247

+1(603) 273-6160

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