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25 & 31 North Street, Proctor, VT 05765

$599,000
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Active
BEDS3 SQUARE FEET3,978 MLS#5030272
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: EXP Realty
Agency Contact: Phone: 802-430-9929
Associate Name: Zachary Zupan
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Property Description

Franklin's Restaurant has been a generational gathering place in the historic town of Proctor, attracting a loyal local following with its small town warmth and welcoming atmosphere reminiscent of a certain popular TV show. Anchoring an important part of the town's social life, the almost 4000 square foot building, complete with two income producing apartments, sits on a 16.78 Acres of land constituting two separate parcels: 5.66 of which host the restaurant/multi-family business, and 11.12-Acres which include the historic Sutherland Falls Quarry, whose unique beauty opens the door to several other income possibilities (such as expanded outdoor catering capabilities and residential development/subdivision). The Restaurant and Multi-family building are available with just the 5.66 acres alone for $499,000, found at MLS#5030231. The Restaurant itself, with innumerable upgrades (list found separately) seats 72 people plus outdoor seating and is a complete and functioning turnkey operation with a loyal staff, convivial atmosphere, wood floors, pool table, attractive bar and state of the art kitchen. Inventory and all furnishings are included in the transfer. Come inspect this promising opportunity today!

25 & 31 North Street | MLS# 5030272

This multi-family property located at 25 & 31 North Street, Proctor, VT 05765 is currently listed for sale with an asking price of $599,000. Search Proctor real estate on haasteam.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Stairs, Interior Access
Cooling: Wall AC Units
Heating: Oil, Baseboard
Home Style: Multi-Family
Lot Size: 16.78 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $7,480
Year Built: 1880

Units

Unit 1:
Bedrooms: 1
Unit 2:
Bedrooms: 2

Feature Descriptions

Color: Beige
Construction: Wood Frame, Wood Siding
Construction Status: Existing
Days on Site: 420
Driveway: Dirt
Driveway: Dirt
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Wood Siding
Flood Zone: No
Flooring: Wood
Foundation: Concrete
Foundation: Concrete
Lot: Hilly, Landscaped, Mountain View, Pond, Pond Frontage, Pond Site, Sloping, Steep, View, Water View, Waterfront, Wooded, In Town, Mountain, Neighborhood
Parking: Off-Site, On-Site, Unpaved
Roads: Other
Sewer: Public
Sq. Ft. Above Grade Finished: 3978
Sq. Ft. Above Grade Unfinished: 197
Sq. Ft. Below Grade Unfinished: 2400
Sq. Ft. Total Finished: 3978
Total Stories: 2
Units: 2
Water: Public
Zoning: Commercial

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agency Contact: Phone: 802-430-9929
Agent Name: Zachary Zupan

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Estimated Payment

$ 2,131.16 per month $1,333.11 Principal & Interest $623.33 Property Tax $174.71 Homeowner's Insurance

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