Price Change! reduced by $340,000 on November 1st 2025 $1,350,000 | $222 per sq.ft.
Commercial Property, 86 Main Street Ludlow VT | Space type Governor's inn subdivision, MLS# 5018273
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DESCRIPTION
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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 4 income producing months are October, September, August and February, in that order. A great opportunity to own a move in ready, income-generating property in one of Vermont's most desirable ski towns.
Sale Includes : Land/Building/Business Signage-| Adequate Price per SQFT | 222.44 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 Rail Service-| N
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Clapboard Exterior | Price Per SQ.FT. 222.44 | Year Built: 1890 No. of Units-| 9 Building Size | 6069 Available SQFT | 9109 Divisable SQFT | No Basement: Concrete Floor | Partially Finished | Interior Stairs | Walkout | Interior Access | Exterior Access
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Sprinkler | Wet. Roof: Metal | Asphalt Shingle | Slate Road Frontage: 105 Heating: Baseboard | Electric | Floor Furnace | Oil | Mini Split Cooling: Mini Split Electric: 200+ Amp Service | 3 Phase | Circuit Breaker(s) Utilities: Other No. of Docks | 0. No. of Drive Doors | 6069.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.44 acres Zoned: village Surveyed: Yes SurveyedBy: Nowlan Engineer Flood Zone: Yes Road Frontage: 105
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Transport Info: City Street | Paved Docs Available : Deed | Tax Map Taxes $14,079 | Assesed Value $0 in |
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looking towards Main St
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Main St
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Okemo trail head
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Buttermilk Falls
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Echo Lake boat launch
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Echo Lake
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Friday night concert
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Inn flower gardens
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Farmers market
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Dawn grooming Okemo
15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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Copyright © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 2nd, 2025
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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