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$1,690,000
9 Days On Site

156 Main Street
Ludlow, VT 05149

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,566
SqFt
$223
/SqFt
1990
Built
County:
VT-Windsor
Listing courtesy of John M Napier of TPW Real Estate

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156 Main Street156 Main Street156 Main Street156 Main Street
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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!

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Listing Snapshot
Price 
$1,690,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,566 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.38 Acres
Year Built 
1990
MLS® Number 
5082810
Status 
Active
Property Tax 
$13,281
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.38
Building Features 
Fire SystemHeat IncludedIn-Unit BathroomLiving Space AvailableShowersSmoke/Heat Detectors
Direction Faces 
East
Parking 
DeededOff StreetOn Site
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
7566
Utilities 
Cable AvailableSewer Available
Water Source 
Public
Zoning 
village, downtown
Interior Features
Basement 
ConcreteSump PumpInterior EntryFullStorage SpaceExterior Entry
Electric 
200+ Amp ServiceCircuit Breakers
Heating 
BaseboardHot WaterFloor FurnaceOil
Interior 
High Speed Internet
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Exterior Features
Construction Details 
Vinyl SidingFrame
Frontage 
37
Lot Features 
Near Golf CourseCity LotLevel
Road Frontage 
City Street
Roof 
Membrane
View 
Mountain(s)
Waterview 
Mountain(s)
Listing courtesy of John M Napier of TPW Real Estate



Copyright 2026, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-04-19 01:40 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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