In the heart of the ever-popular Ludlow, Vermont, sits an 11,409 square foot commercial building with 7,566 square feet of finished space. Built in 1990, it is situated in a prime location on Main Street in the center of the village providing it with excellent visibility, walkability, and proximity to Ludlowâ??s charming boutiques and local dining. It is full of investment possibilities with seven apartments and two commercial spaces. The two commercial spaces are located on the first floor overlooking Main Street, with flexibility to convert to one large unit. There are 3 two-bedroom apartments and 4 one-bedroom apartments. Each apartment has a furnished kitchen and a full bathroom. The property itself has been well maintained and has a complete fire suppression sprinkler system. There is ample parking, with an onsite parking lot for 15 vehicles as well as on-street parking. The buildingâ??s exterior is vinyl-sided with wood trim and the windows are double pane. This property definitely has income potential when fully leased at market rents, including a previously occupied commercial space at approximately $40,000 annually. The property is projected to support gross income of approximately $150,000. This presents a clear lease-up and value-add opportunity for a new owner to stabilize operations and unlock the asset's full income potential. This is an investorâ??s dream as it sits minutes from Vail-owned Okemo Mountain Resort, which offers year-round recreation, Fox Run Golf Course, and a number of lakes for boating, swimming and fishing. Located in Southern Vermont, Ludlow is easily accessible from major Northeastern cities. This property offers a turn-key chance to become a part of one of Vermontâ??s most desirable communities. It is a must see!
For generations, the Pot Belly building was a familiar and beloved part of Ludlow Villageâ??a place where locals and visitors gathered, stories were shared, and the energy of the village came to life. Today, the building may be gone, but the opportunity it created is just beginning. Now offered as a prime, cleared village lot, this property represents a rare chance to be part of Ludlowâ??s next chapter. Perfectly positioned in the heart of the village, the site enjoys excellent visibility, walkability, and proximity to shops, dining, Okemo Mountain, and year-round recreation. The current owners have already laid the groundwork for whatâ??s next. Town site plan and conditional use approvals are in hand, and the sellers are happy to share their full vision with the next ownerâ??including conceptual floor plans for a restaurant at street level with four luxury residential condominiums on levels two and three. This thoughtful mixed-use concept was designed to complement the character of the village while meeting modern demand for high-end residences and vibrant commercial space. Whether you choose to carry this vision forward or bring your own ideas to life, this property offers an exceptional head start on development in one of Vermontâ??s most desirable mountain communities. With approvals secured and a clear path forward, this is a unique opportunity to build something specialâ??honoring Ludlowâ??s past while shaping its future. Do not access the fenced area unless an agent is present.
A very interesting blank canvas. Located on Ludlow's Main Street is a wonderful business opportunity or it could become your next primary residence. Known as the old dental building and currently owned by The North Star Health Center, this structure has incredible exposure. A massive parking lot, and incredible location with Village/Residential zoning. Conditional uses range from restaurants to businesses, multifamily, veterinary clinics, hotels and of course retail. (call or write in for a complete list) This property consists of a double lot so there is plenty of space to stretch out... Currently registered as a business the sewer allocation can be transferred to a 3br residential allocation per the town. The property is located in the flood zone - however the building's main level sustained no damage from any previous flood events. Time to follow your next dream project, the possibilities are endless.
Ludlow is located in Vermont. Ludlow, Vermont has a population of 1,817. Ludlow is less family-centric than the surrounding county with 15.85% of the households containing married families with children. The county average for households married with children is 26.01%.
The median household income in Ludlow, Vermont is $46,928. The median household income for the surrounding county is $63,787 compared to the national median of $69,021. The median age of people living in Ludlow is 47.6 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 7.9 degrees. The average rainfall is approximately 48.4 inches per year, with 83.9 inches of snow per year.
