25 North Street Proctor, Vermont 05765 MLS# 4979503

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For Sale Status

$499,000 List Price

Multi Type

0 Beds

0 Baths

3,978 Sqft

Listed By Claire Thompson of Four Seasons Sotheby's Int'l Realty
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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

Property Location

25 North Street Proctor

Property Details

List Price  499,000 Bedrooms  0 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1880
MLS#  4979503 Lot Size  5.66 Acres Taxes $6,556
Type  Multi-Family Days on Market  351 Days Tax Year 2023
Units  2 Stories  2 Road Frontage  180
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,978 Sqft Construction  No, Existing
Zoning   Commercial & Residential Above Grade  3,978 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Dec 6th, 2023
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
ConstructionWood Frame
BasementInterior, Unfinished, Interior Access
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Concrete House Color  Brown
Floors   Building Certifications  
Roof  Metal, Corrugated HERS Index  
Directions
Lot Description
Garage & Parking  No
Road Frontage  180 Water Access  
Driveway  Dirt Water Type  
Flood Zone  No Water Body  
Zoning  Commercial & Residential
School District  Proctors School District Middle  
Elementary   High  
Heat Fuel  , Oil Excluded  
Heating/Cool  Wall AC Units, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned, Oil Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  498-157-10726
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† The remarks published on this webpage originate from Listed By Claire Thompson of Four Seasons Sotheby\'s Int\'l Realty via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.