Commercial for Sale: Lamere Square, Ludlow, VT 05149

$1,465,000
$1,465,000
Lamere Square, Ludlow, VT 05149
$1,465,000
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Price:
$1,465,000

Type Commercial
Taxes Paid $18,659

City Ludlow
County Windsor

MLS 5021789
Status Active
DOM 38 days
Long-time owners of Lamere Square, the popular complex in the Village of Ludlow are ready to pass it along to a new owner. We are hopeful that we will find someone who will continue taking care of the tenants and property as they have been for years. The numbers and condition of the property speak for themselves. Perhaps you are an investor looking for a place with impressive numbers, or someone seeking a tangible place to put your retirement savings, or just would like to invest in an area you know. Maybe you remember this place as where you stop in for a slice of pizza, a taco, some tasty eats, or a bottle of wine, some Winter gear, or a framed Vermont photo. Great landlords often have great tenants and this is the case here with all of the units being rented to bustling businesses and respectful residential tenants who are current with rent. There are eight commercial units (most with long-term leases) and three residential units with approximately 14,439 feet of finished space. The five buildings (four plus "The Hut") have had many recent improvements inside and out beyond the basic maintenance. Specific information on the property is available upon request as there is too much to list. The improvements are many from the roofs to the boilers to the newly paved parking lot. Sellers are willing to share income and operating expenses with serious buyers and will even consider owner terms and a transitional management period for the right buyer.

Lot & Building Features

Utilities Cable - Available, Telephone At Site, Gas - LP/Bottle
Parking Description On-Site, Paved
Sewer Public
Tax Year 2024
Taxes Paid $18,659
Water Public
Basement Description Unfinished

Price History of Lamere Square

Date Name Price Difference
11/11/2024 Listing Price $1,465,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of Lamere Square, Ludlow, VT

Location Map Street View
Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Kelley Real Estate, Inc., Tyleen Murray
$
20%
1.2736518771331%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Lamere Square (MLS #5021789) is a commercial listing located in Ludlow, VT. This property was listed on 11/11/2024 and has been priced for sale at $1,465,000.

Nearby zip codes are 05142, 05143, 05149 1068, 05149 9511 and 05153. This property neighbors other cities such as Andover, Cavendish, Chester, Mount Holly and Plymouth.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Kelley Real Estate, Inc.

Copyright 2024 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, 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 12/19/2024