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$940,000
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Property Description
Trip Advisor#1 Rated restaurant in Ludlow. A turnkey operation ready for any restaurateur, hotelier or investor looking to own a year-round cash-flowing mountain town destination from afar or operate it themselves. Homestyle Restaurant is in the middle of the touristy hustle and bustle of Okemo Mountain's main street less than a mile from the main ski lodge. Zoned/licensed as a restaurant and hotel since 2014 but currently operating solely as "one of the Okemo Valley's best-reviewed and most-booked restaurants" since converting all lodging rooms to dining rooms during the pandemic. Currently operates dinner service four days per week (4pm-9pm), 44 weeks per year. First level features a full bar and main dining room, upgraded commercial kitchen; second level has additional five private dining rooms; and outdoor "al fresco" dining on the wraparound porch adds extra ambiance May-October. Typical weekends are fully booked, serving 120-180 people per evening. A proven, consistent cash-flowing restaurant enterprise, plus opportunities to enhance and/or expand across event, meeting and lodging revenue streams. Updated building plus all equipment, assets, trademarks, promotion/web site customer databases, etc. The possibilities at Homestyle are numerous. All prospects will be asked to fill out the Prospect Information Package. Purchaser to pay $ for $ for inventory which is standard practice in the industry.
Full Property Details
Full Property Details for 119 Main St
General
- Sold For: $940,000
- Taxes: $9,922 (2024)
- Status: Closed
- Type: Commercial
- Source: PrimeMLS
- MLS ID: 5020926
- Added to Site: 588 day(s) ago
Parking
- Parking: On-Site, On Street
Location
- County: Windsor
- Driving Directions: Homestyle Restaurant is located on the North Side of Main Street in Ludlow between Depot Street and Gleascott Ave.
Heating & Cooling
- Cooling Type: Mini Split, Wall AC Units
- Heating Type: Forced Air, Propane
Utilities
- Sewer: Public Sewer On-Site
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Partial
- Roof: Metal
- Square Feet: 6,510
- Finished Total: 3,743 Sq. Ft.
- Year Built: 1835
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Frontage: Yes Road Frontage
- Frontage Feet: 62
- Zoning: Village Commercial
Financial Considerations
- Price Per Sq. Ft.: $144.39
- Tax Amount: $9,922.6
- Tax Year: 2024
Timeshare
- Fractional Own: Adequate
Disclosures and Reports
- APN: 363-112-10001
- Flood plain: Yes
Listed by Hospitality Consultants, LLC, Dick Palmer
Sold by Four Seasons Sotheby's Int'l Realty, Teresa DiNapoli
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Price & Sales History for 119 Main St
Date
Details
Price
Change
Source
9/23/2025
Sold
$940,000
-37.33%
MLS
1/24/2025
Price Reduced
$1,500,000
-23.08%
MLS
11/02/2024
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
119 Main Street, Ludlow, VT 05149 (MLS# 5020926) is a Commercial property that was sold at $940,000 on September 23, 2025. Want to learn more about 119 Main Street? Do you have questions about finding other Commercial real estate for sale in Ludlow? You can browse all Ludlow real estate or contact a Coldwell Banker agent to request more information.
