86 Main Street
Ludlow, VT, 05149 $ 1,350,000
Bedrooms-- Baths-- Sq 6,069 Monthly Estimate*
$ 8,422
Listed by John Napier, TPW Real Estate, 860-559-9334, jmn@tpw.com
for $1,350,000. This 6,069 square foot building was built in 1890 on a lot size of 0.44.
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 ownerâs 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 Governorâs 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 Vermontâs most desirable ski towns.
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FeaturesInteriorBasement Description Concrete Floor Partially Finished Interior Stairs Walkout Interior Access Exterior Access
Basement Yes
Total Number of Units 9
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GeneralRoad Frontage Yes
Sewer Public Sewer On-Site
Heating Baseboard Electric Floor Furnace Oil Mini Split
Cooling Mini Split
Utilities Other
Roof Metal Asphalt Shingle Slate
current use No
Flood Zone Yes
Zoning village
Exclusions Personal property in the Inn building and residence
Year Built 1890
Electric 200+ Amp Service 3 Phase Circuit Breaker(s)
Business Type Business Hospitality
Building Number 86
Auction No
Tax Year 2024
Building Name Governor's Inn
Status Detail 0
Covenants Yes
Construction Materials Wood Frame Clapboard Exterior
Directions From Ludlow center take route 103 south (Main St) just past the Veteran's Memorial Park and Governor's Inn will be on your right just past the library
City Ludlow
Other Equipment CO Detector HW/Batt Smoke Detector Sprinkler System Air Conditioner
Seasonal No
DOM 427
Price Per Sq Ft Total AG 222.44
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ExteriorLot Features In Town Near Golf Course Near Shopping Near Skiing Level Mountain View Sidewalks Ski Area
Water View No
Lot Size Area 0.44
Water Source Public Water On-Site
Parking Features Driveway Off Street On-Site Parking Spaces 11 - 20 Paved
Foundation Concrete Fieldstone
Waterfront Property No
Water Body Access No
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,422
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ludlow, VT
Average List Price $1,341,667
Percent of Sale Price 1%
About Ludlow, VT 1,839 Population
-25% Since 2002
$ 46,689 Median Income
51.9 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/1/2025 | $1,350,000 | -9.40% | Price Down |
| 3/4/2025 | $1,490,000 | -11.83% | Price Down |
| 10/11/2024 | $1,690,000 | | Listed Price |