130 Main Street, Ludlow, VT, 05149 | $695,000

The well known and VERY popular Pot Belly Pub is on the market for the first time in MANY years. The owners have retired from the business that they built and are ready to let someone new refresh and invigorate this wonderful restaurant and Pub. . For many years the sellers filled the dining and bar seats with tourists and local patrons, well known for its many events such as Derby nights, holiday parties, sporting events, charity nights, along with bands/musicians for after dinner fun. They served a full lunch and dinner menu and also pub food in the later hours. The main level has a spacious bar, separate dining areas, 2 public bathrooms, kitchen and storage area. The loft offers additional dining overlooking the pub. The top floor was once used as rooms for overnight guests long ago, it is now a storage area with space for the buyer's imagination. This is an unbelievable location in the heart of Ludlow, VT, home to Okemo Mountain Resort sited on the Main Street Village, with plenty of street parking and on site parking behind the Pub, central to all activities that this resort area has to offer. Being sold as is. Owners retired 3. 5 years ago and are ready to sell.

Features

  • Property Type: Hospitality
  • Construction: Wood Frame,Clapboard Exterior
  • Parking: Driveway,On-Site,On Street,Parking Spaces 11 - 20,Unassigned
  • Heating: Hot Water,Multi Zone,Oil
  • Cooling: None
  • Zoning: Commercial
  • Frontage: 45
  • Year Built: 1900
  • Approx Sq. Feet: 9,177
  • Acreage: 0.23
  • MLS#: 4975227
  • Website: https://www.raveis.com
    /prop/4975227/130mainstreet_ludlow_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/21/2024
Listing courtesy of Mary W. Davis Realtor & Assoc., Inc.   Phone: 802-228-8811
Listing Agent: Suzanne Garvey

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130 Main Street, Ludlow, VT, 05149

$695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,699 $3,695 $4,689
Total Monthly Payment $3,791 $3,787 $4,781

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.