Governor's Inn
Ludlow, VT
Offered for sale at $1,690,000
The current owners brought this 1890 Victorian gem of a Bed and Breakfast built by Governor William Stickney back to life. Entering the inn you will be awed by the wood work, the staircase and the fireplaces in the foyer and parlor. Charme and elegance are visible throughout the building with its antique furnishings. Guests are highly appreciative of the inn as the ratings on booking.com (9.7/10), Google (5/5), Yelp (5/5), and Tripadvisor (5/5) show.
Part of the downtown area of Ludlow and about one mile away from the entrance road to Okemo mountain ski area the inn sees year round business with skiers, hikers, bicyclists, boaters, and guests enjoying the beauty of the Green Mountain State. Located in downtown, this inn is in walking distance to restaurants and shops and allows its guests to take advantage of all the amenities the town of Ludlow has to offer. The inn is part of a collaboration between four inns in southern Vermont that offers a walking experience to guests between the months of May and October.
The first floor has the common areas and breakfast/dining rooms, able to accommodate all guests from the 9 guest rooms. You also find a commercial kitchen with walk-in cooler and a dishwashing kitchen. The butler’s pantry allows to store the beautiful china used to serve guests.
The 9 guest rooms, all differently and tastefully decorated, can be found on the second and third floor of the building. Each room has their private bath. Gas fireplaces or Vermont cast-iron stoves can be found in 6 of the guest rooms; Spa tubs in two of the rooms.
The property includes a separate owners/innkeepers two bedroom / two bathroom house right behind the inn, allowing separation of private and business life.
Over the last few years the inn has seen a lot of renovations and updates, including a full sprinkler system, a new fire alarm system, a new boiler, a new water heater, a new heat-pump system for all guest rooms and the breakfast/dining area, a new commercial dishwasher, new driers, and a new freezer. Most bathrooms were redone and updated.
The owners are ready to move on to their next chapter in life and are looking for the next chaperone of the building.
Property Details- 9 Guest Rooms
- 9 Guest Room Baths
- Has Owner's Quarters
- Built in 1890
- Last Renovated in 2024
- Building is 6,069 SQFT
- Lot is 0.44 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $1,690,000
- Occupancy Rate: 35% by choice
- Average Daily Rate: 330.
- Annual revenue is $365,845
- Terms: All furnishing and supplies will transfer with the inn less personal items, all furnishings and personal items of the owners quarters will remain with the sellers
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