31 Route 103Ludlow, VT 05149

  • Commercial real estate
  • 3,439 SF
For Sale
$675,000 View listing

Property Details for 31 Route 103

Year built
1835
Construction
FRAME
Lot size
0.87 AC
Property size (Sq ft)
3,439 SF
Property type
Commercial real estate
APN
(112) 230349.000
APU
112230349000

Description

This exceptional 4,979 square foot commercial property, situated on a 0.87-acre lot at 31 Route 103 in Ludlow, Vermont, presents a unique investment opportunity. Its prime location on the edge of downtown Ludlow offers unparalleled visibility and accessibility. The building has a long and successful history as a thriving business, demonstrating its potential for continued success under new ownership. The versatile nature of the space allows for a wide range of uses, including but not limited to office space, restaurant, or residential conversion. The possibilities are truly endless, making this an ideal property for entrepreneurs and investors seeking a high-impact location with significant upside potential. The substantial square footage provides ample room for expansion or adaptation to suit a variety of business plans. The 0.87-acre lot offers additional space for outdoor seating, parking, or potential future development. This property represents a rare chance to acquire a well-established commercial building in a vibrant Vermont town, offering a strong foundation for future growth and profitability. The asking price is $675,000. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $784,185
    Hospitality
    $718,309
    Educational
    $597,625
    Medical
    $618,178
    Retail
    $929,639

Location Insight

City
Ludlow
County
Windsor
State
Vermont
Latitude
43.3951
Longitude
-72.6828
CBSA code
30100
CBSA name
LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,397
$120,100
$339,000
$459,100
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