This listing courtesy of John M Napier , TPW Real Estate
$1,690,000

156 Main Street, Ludlow, VT 05149

  • 7 baths |
  • 11,349 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $149/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 Ludlow’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 building’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 investor’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 Vermont’s most desirable communities. It is a must see!

Listing Status:
Active
Date Added:
April 9, 2026
Data Last Updated:
May 25, 2026 at 7:58AM
Listing Office:
TPW Real Estate : 802-228-9400
Listing Agent:
John M Napier : 860-559-9334 : jmn@tpw.com
MLS ID:
5085830
  • Appliances: Domestic Water HeaterWater Heater off Boiler
  • Basement: BulkheadClimate ControlledConcreteConcrete FloorFullExterior StairsInterior StairsAssigned StorageSump PumpInterior AccessExterior AccessBasement Stairs
  • Flooring: CarpetCeramic TileLaminateVinyl
  • A/C: None
  • Heating: OilBaseboardHot WaterMulti Zone
  • General: Window ScreensDouble Pane Window(s)Storm Window(s)
  • Style: Apartment BuildingMulti-FamilyMulti-Level
  • Parking: DeededOff-SiteOff StreetParking Spaces 11 - 20Paved
  • Roofing: BitumenMembrane
  • General: Wood FrameVinyl ExteriorVinyl SidingConcretePoured Concrete
  • Road/Access: PavedPublic Maintained RoadPublic
  • County: Windsor
  • Driveway: PavedRight-Of-Way (ROW)
  • Zoning: commercialdowntown
  • Utilities: Cable AvailableTelephone Available
  • Water: Public Water On-Site
  • Sewer: Public Sewer On-Site

This listing courtesy of John M Napier , TPW Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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