Price Reduced 7.42%

$499,000 ($125.44 per sqft)

Est. Mortgage $2,458/mo *

Quick Pre-Approval

Listing courtesy of Claire Thompson, Four Seasons Sotheby's Int'l Realty Phone: 802-774-7007


Price History

$539,000
12/6/2023

$499,000
5/30/2024


25 North Street, Proctor, VT, 05765

25 North Street, Proctor, VT, 05765

0 beds

1880

Multi-Family

3,978 sqft

Franklin's has been a staple of this community for years! Boasting food, friends, and fun, this family owned restaurant is open 7 days a week and the tables are filled each and every day. Year round, this well known restaurant sees regular customers from all over the state and beyond. In addition, the VAST trails lead right to Franklin's so snowmobilers come from far and wide and fill the restaurant and bar throughout the winter. Franklin's sits on a 5.66 acre lot and offers lots of parking. The dining room features a 72 seat occupancy with 15 seats at the bar. The pool table is a great feature for patrons to enjoy while sipping on drinks and eating great food with friends and family. The kitchen has had many upgrades and improvements in the last several years. In addition to the restaurant, there are two residential apartments on the 2nd floor. There is one two bedroom apartment and a one bedroom apartment. The one bedroom apartment has brand new laminate wood flooring throughout the apartment and the two bedroom will also have laminate wood flooring installed asap. Both apartments are currently occupied and provide another form of income for the owners. The sale includes all inventory and equipment and furniture. It is quite literally a turn key business! This is a great property with multiple income opportunities. This property is also listed as a commercial listing under MLS # 4979428


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

Commercial & Residential

Frontage:

180

Heating:

Baseboard

Cooling:

Wall AC Units

Basement:

Unfinished, Interior Access

Acreage:

5.66

Est. Taxes:

$6,556

Lot Description:

Corner,Hilly,Level,Open,Wooded

School District:

Proctors School District

MLS #:

4979503


Community Info

School Info

Walk Score

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