156 Main St - Office FOR SALE


Ludlow, VT 05149
$1,690,000 USD
860-559-9334
156 Main St, Ludlow, VT for Sale
$1,690,000 USD
Office - FOR SALE
1/78
null | 5.99% Cap Rate

156 Main St
Ludlow, VT 05149


HIGHLIGHTS

  • On main street in a resort town, Okemo Mountain Resort is a year round attraction, foot traffic close to restaurants and boutiques
  • Located in Southern Vermont and easily accessible from major Northeast cities
  • Prime walkable / foot traffic location with high visibility
  • Steps to restaurants, shops, Okemo Mountain and shuttle
  • Flexible village center zoning allows for a range of commercial, multi-family, retail space, as well as residential apartment use

OVERVIEW

This property affords an opportunity for multiple uses, or a combination of different uses. The first floor is prime real estate in the center of downtown Ludlow on Main Street for retail businesses and/or office space, the front space is 885 sq ft and the back space is 585 sq ft. Could be leased at one or two spaces. The apartments or multi-families, two are on the first floor and the other five are on the upper level. The apartments are equipped with refrigerators, stoves, and dishwashers. There are three, 2 bedroom apartments and they range in square footage from 665 to 740 and four, 1 bedroom apartments and they range in square footage from 500 to 550. Ludlow is busy all year round and affords opportunities for recreation no matter the season. Winter/ ski season (November – April) steady traffic to/ from Okemo Ski Resort. Summer season offers golfing, hiking, fishing on nearby lakes and rivers, and swimming activities.at Buttermilk Falls. Okemo Resort is open for summer activities from June through October. with scenic chairlift and Adventure Zones. Fall foliage brings leaf peepers and harvest festivals to the region. For more information please reach out to John Napier, TPW Real Estate. email is jmn@tpw.com or phone number 860-559-9334

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ellison

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

yes

APN/PARCEL ID

363-112-10847

ASK ABOUT THIS PROPERTY

John NapierTPW Real EstateMore Info
860-559-9334

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John NapierTPW Real EstateMore Info
860-559-9334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.