156 Main St
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...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!
- Listed by John Napier • TPW Real Estate
Property Details for 156 Main Street
Zoning
commercial, downtown
LISTING UPDATED: 04/28/2026 09:54 PM
Property Details for 156 Main Street
| Status | Active |
|---|---|
| MLS # | 5085830 |
| Days on Market | 21 |
| Taxes | $13,821 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1990 |
| Lot Size | 0.38 AC / 16,552 SF |
| County | Windsor County |
Location
Listing Courtesy of TPW Real Estate
Add your commute
Building Information for 156 Main Street
Stories2Residences9Year Built1990Building Size-Lot Size0.38 AC / 16,552 SF
Payment Calculator
$9,662 per month
30 year fixed, 6.46% Interest
Principal and Interest
$8,510
Property Taxes
$1,152
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 156 Main Street
Summary
Location and General Information
- City: Ludlow
- County: VT-Windsor
- Directions: Downtown Ludlow, 3 buildings south of the traffic light on the west side
- Latitude: 43.395841816666028
- Longitude: -72.700552136245733
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05149
Taxes and HOA Information
- SPAN Number: 363-112-10847
- Tax Year: 2025
- Taxes TBD: No
Parking
- Garage: No
- Driveway: Paved, Right-Of-Way (ROW)
Property
Lot Information
- Lot Features: City Lot, Curbing, Level, Mountain View, Neighbor Business, Recreational, Sidewalks, Street Lights, In Town, Near Golf Course, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Public Transportatn, Near School(s)
- Lot Size Acres: 0.38
- Road Frontage Length: 37.0
- Total Finished Area: 7566.0
- Above Grade Finished Area: 7566.0
- Above Grade Finished Area Source: Public Records
- Above Grade Unfinished Area: 0.0
- AboveGradeUnfinishedAreaSource: Public Records
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Source: Public Records
- Below Grade Unfinished Area: 3783.0
- BelowGradeUnfinishedAreaSource: Public Records
- Lot Size Square Feet: 16553.0
- Total Area: 11349.0
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Yes
- PreConstruction: No
- Surveyed: Yes
- Year Built: 1990
Utilities
- Electric: 100 Amp Service, 200+ Amp Service
- Sewer: Public Sewer On-Site
- Water Source: Public Water On-Site
- Utilities: Cable Available, Telephone Available
- Total Electric Meters: 10
- Separate Utilities: Yes
- Internet: None
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Vinyl Exterior, Vinyl Siding
- Roof: Bitumen, Membrane
- Total Ranges: 7
Interior Features
- Appliances: Domestic Water Heater, Water Heater off Boiler
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Assigned Storage, Basement Stairs, Bulkhead, Climate Controlled, Concrete, Concrete Floor, Exterior Access, Exterior Stairs, Full, Interior Access, Interior Stairs, Sump Pump
- Total Full Baths: 7
- Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
- Heating: Oil, Baseboard, Hot Water, Multi Zone
- Cooling: None
- Total Refrigerators: 9
- Total Rooms Above Ground: 31
- Total Stories: 2
- Total Water Heaters: 1
- Trash: Tenant
Multi Family
Income & Expenses Information
- Operating Expense Incl: Heat, Insurance, Maintenance, Snow Removal, Water/Sewer
- Operating Expense: $50,000
Multi-Family Information
- Total Units: 9
- Total 1 BR Units: 4
- Total 2 BR Units: 3
- Total 3+ BR Units: 0
- Total Heat Units: 1
Unit Information
Unit 1
- Unit 1 Style: A-two bedroom unit 1st fl
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Month to Month
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Rooms: 4
- Unit 1 Tenant Pays: Electric, Internet Service
- Unit 1 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
Unit 2
- Unit 2 Lease Term: Month to Month
- Unit 2 Style: B-one bedroom unit 1st fl
- Unit 2 Baths: 1
- Unit 2 Rooms: 3
- Unit 2 Status: Leased
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 1
- Unit 2 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
- Unit 2 Tenant Pays: Electric, Internet Service
Unit 3
- Unit 3 Lease Term: Other
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 2
- Unit 3 Status: Vacant
- Unit 3 Style: C-two bedroom unit 2nd fl
- Unit 3 Bedrooms: 2
- Unit 3 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
- Unit 3 Tenant Pays: Electric, Internet Service
Unit 4
- Unit 4 Lease Term: Month to Month
- Unit 4 Level Number: 2
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Style: D-one bedroom unit 2nd fl
- Unit 4 Rooms: 3
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 1
- Unit 4 Status: Leased
- Unit 4 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
- Unit 4 Tenant Pays: Electric, Internet Service
Unit 5
- Unit 5 Rental Agreement: No
- Unit 5 Level Number: 2
- Unit 5 Status: Vacant
- Unit 5 Style: E-one bedroom unit 2nd fl
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 1
- Unit 5 Rooms: 3
- Unit 5 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
Unit 6
- Unit 6 Rental Agreement: Yes
- Unit 6 Lease Term: Month to Month
- Unit 6 Level Number: 2
- Unit 6 Baths: 1
- Unit 6 Bedrooms: 1
- Unit 6 Rooms: 3
- Unit 6 Apx Sqft: 510.0
- Unit 6 Rental Amt Freq: Monthly
- Unit 6 Status: Leased
- Unit 6 Style: F-one bedroom unit 2nd fl
- Unit 6 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
Unit 7
- Unit 7 Bedrooms: 2
- Unit 7 Rooms: 4
- Unit 7 Baths: 1
- Unit 7 Rental Agreement: Yes
- Unit 7 Lease Term: Month to Month
- Unit 7 Level Number: 2
- Unit 7 Rental Amt Freq: Monthly
- Unit 7 Status: Leased
- Unit 7 Style: G-two bedroom unit 2nd fl
- Unit 7 Info: CO Detector, Dishwasher, Oil Heat, Heat Included, Hot Water, Electric Range, Refrigerator, Smoke Detector, Storage
- Unit 7 Tenant Pays: Electric, Internet Service
Unit 8
- Unit 8 Baths: 1
- Unit 8 Rental Agreement: No
- Unit 8 Level Number: 1
- Unit 8 Rental Amt Freq: Monthly
- Unit 8 Status: Vacant
- Unit 8 Style: COMM. front 885, back 585, 1st
- Unit 8 Bedrooms: 0
- Unit 8 Rooms: 4
- Unit 8 Info: CO Detector, Refrigerator, Smoke Detector, Storage
- Unit 8 Tenant Pays: Electric, Internet Service
Rental
Rent Information
- Total Leases: 5
Property History for 156 Main Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 9, 2026 | Listed (Active) New England Real Estate Network #5085830 | $1,690,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/09/2026 | Listed (Active) New England Real Estate Network #5085830 | $1,690,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 156 Main Street
Taxable ValueLand$146,500Additions$399,200Total$545,700
Tax Record2024$11,492 ($958 / month)
Home Facts
Baths8Total Finished SqFt7,566 SqFtAbove Grade Finished SqFt7,566 SqFtStories2Lot Size16,553 SqFtStyleMiscellaneous CommercialYear Built1989CountyWINDSORAPN(112) 230415.000
Schools near 156 Main Street
This home is within Ludlow Mt. Holly Unified Union School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Private - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Ludlow Elementary School PublicPK to 6 | ||
Okemo Mountain School Private7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Central Homes for Sale
- Ludlow Village Homes for Sale
- Cavendish Village Homes for Sale
- Baltimore Homes for Sale
- Mount Tabor Homes for Sale
- Southern Homes for Sale
- Chester Village Homes for Sale
- Weathersfield Homes for Sale
- Mendon Homes for Sale
- Downers Four Corners Homes for Sale
- Amsden Homes for Sale
- Bridgewater Center Homes for Sale
- Killington Village Homes for Sale
- West Woodstock Homes for Sale
- Springfield Village Homes for Sale
- Ludlow Homes for Sale
- Chester Homes for Sale
- Cavendish Homes for Sale
- Andover Homes for Sale
- Reading Homes for Sale
- Proctorsville Homes for Sale
- Plymouth Homes for Sale
- Mount Holly Homes for Sale
- Weston Homes for Sale
- Shrewsbury Homes for Sale
- Belmont Homes for Sale
- East Wallingford Homes for Sale
- Woodstock Homes for Sale
- Bridgewater Homes for Sale
- Landgrove Homes for Sale
- 05758 Homes for Sale
- 05153 Homes for Sale
- 05161 Homes for Sale
- 05730 Homes for Sale
- 05056 Homes for Sale
- 05143 Homes for Sale
- 05142 Homes for Sale
- 05738 Homes for Sale
- 05035 Homes for Sale
- 05062 Homes for Sale
- 05091 Homes for Sale
- 05742 Homes for Sale
- 05034 Homes for Sale
- 05773 Homes for Sale
- 05148 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy 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 Site 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 05/01/2026 06:10 AM
