Turnkey Village Inn and Restaurant only steps to Okemo Mountain Ski Resort comes fully furnished. Own a piece of Vermont’s hospitality heritage in the heart of Ludlow, Vt. Just steps from Okemo Mountain and village shops and dinning, 86 Main St. (Governor’s Inn) blends historic charm, modern amenities, and fully furnished, income-producing potential, all in one of Vermont’s most desirable ski towns. The Governor’s Inn was built by Governor William Stickney in 1890. Entering the inn you will be awed by the woodwork, staircase and the fireplaces in the foyer and parlor. Over the past few years, the inn has seen many updates, including a full sprinkler system, fire alarm system, boiler, water heater, heat pumps for all the rooms and dining area, commercial dishwasher, driers and freezer as well as a new compressor and air handler for the walk in cooler. This fully operational boutique inn features 9 guest rooms, each with en-suite bathrooms, spread across three tastefully appointed floors. A separate 2 bedroom, 2 bathroom owner’s apartment provides private and flexibility for live-in management, short or long term rental or additional guest space. On the main level, a former wine bar and restaurant space is ready to relaunch with full commercial kitchen equipment, fixtures, furnishings, included in the sale. Whether you envision a bistro, apres-ski lounge, or morning cafe, the bones are in place, just turn the key and bring your concept to life. 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. The Governor's Inn operates year-round, generating consistent revenue 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 four income producing months are October, September, August, and February, in that order. Highlights include Prime walkable Ludlow location with high foot traffic and visibility Fully furnished and equipped-all FF&E included Strong historical rental income with upside potential Fireplaces, original woodwork, updated mechanical systems Steps to restaurants, shops and the Okemo ski shuttle Flexible village center zoning allows for a range of commercial or residential uses Whether you’re an investor, chef-owned, or someone dreaming of running a small-town inn, 86 Main St. offers rare charm and a ready to go setup, all in a town where opportunities like this don’t come often! • Strong Net Operating Income (NOI): Generating a steady income, the inn’s NOI reflects consistent performance, making it an attractive option for investors seeking dependable cash flow. The inn’s current NOI aligns with an 8% return, positioning it well within market expectations. • Diversified Revenue Streams: In addition to room revenue, the inn benefits from additional income sources such as event hosting, food and beverage services, and other guest amenities, providing multiple revenue channels. • Prime Location: Situated in a popular tourist destination with year-round attractions, making it resilient to economic fluctuations and seasonal changes. • Turnkey Condition: The inn is in excellent condition with recent renovations, reducing the need for immediate capital expenditures. Investors can enjoy a hassle-free acquisition with minimal upfront costs and maintenance. • Potential for Growth: With opportunities to enhance room rates, increase occupancy, or expand services, there is significant potential to grow the property's income and boost returns over time. This opportunity offers a rare combination of immediate income, long-term growth, and a favorable cap rate, making it ideal for investors looking for a profitable and stable hospitality asset.