$599,000 | $151 per sq.ft. | MLS# 5030272
A
2
Unit Multi Family Home, 25 & 31 North Street Proctor VT
With 1 - One Bedroom Units | 1 - Two Bedroom Units
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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!
Appliances : Water Heater – Oil | Water Heater – Owned
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Annual Expenses
Taxes: $7,481 |
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Income
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UNIT 1 INFORMATION
Beds: 1Baths: 0Rooms: 0
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UNIT 2 INFORMATION
Beds: 2Baths: 0Rooms: 0
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Wood Siding | Exterior Color Beige | Price Per SQ.FT. 150.58 | Year Built: 1880
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LAND DESCRIPTION:
LOT DESCRIPTION: Hilly | Landscaped | Mountain View | Pond | Pond Frontage | Pond Site | Sloping | Steep | View | Water View | Waterfront | Wooded | In Town | Mountain | Neighborhood
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Livable Space: 3978
Above Grade Sq.Ft.: 3978
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Oil | Baseboard
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Style: Multi-Family
Roof: Metal
Water: Public
Sewer: Public
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Lot size: 16.78 acres
Zoned: Commercial
Surveyed: Unk
Flood Zone: No
Seasonal: No
Garage And Parking: Off-Site | On-Site | Unpaved
Road Frontage: 1698
Driveway: Dirt
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ADDITIONAL INFORMATION
Docs Available : Deed
Taxes $7,481 | Assesed Value $0 in |
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SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated April 11th, 2025
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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