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Listing Courtesy of: Suzanne Garvey - Mary W. Davis Realtor & Assoc., Inc. Sold By: Frank Provance - Diamond Realty

$695,000

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91 Route 103S Ludlow, VT 05149

Other Residence

Beds

Baths

7,306 Sq. Ft.

4.1 Acre Lot

Property Activity

Time on Site

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Last updated on 4/23/2024 3:01 PM

Listing Details

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! Continue reading

MLS#

4876688

Property Type

Other

Year Built

1983

Square Feet

7,306 sq. ft

Price per Sq. Ft.

$95.13

Lot Size

4.1