Proctor, VT | 25 & 31 North Street

$599,000
MLS#: 5030272
2
# of Units
3,978
Total Sq. Feet
16.78
Acres
$7,481
Taxes
1 of 60

General Property Information

Price:
$599,000
County:
VT-Rutland
Acres:
16.78
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Zachary Zupan
EXP Realty

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!

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1880
Parking:
Road Frontage:
1698
Acres:16.78
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
3978
Sq Ft (Below Ground):
0
Total Sq Ft:
3978
Land Description:Hilly,Landscaped,Mountain View,Pond,Pond Frontage,Pond Site,Sloping,Steep,View,Water View,Waterfront,Wooded,In Town,Mountain,Neighborhood
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:
Deed

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
1
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
#Bedrooms:
2
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-02-25
Last Updated:
2025-02-25 17:46:22

Stowe Office

Xander Paumgarten

(P) 802.253.9771
(F) 802.253.9993
email

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