Movoto Real Estate
Zachary Zupan of EXP Realty Phone: 802-430-9929

25 North St, Proctor, VT 05765

$475,000
•
  • —

    bed

  • —

    bath

  • 3,978

    Sqft ($119/Sqft)

Multi-family for sale 626 days
$24K price drop

About 25 North St

Property type Multi-family
Year built 1880
HOA fee $0/month
Lot size 5.66 Acre
Movoto estimate
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 over 4000 square foot building, complete with two income producing apartments, sits on a 5.66 Acre parcel. This opportunity can also be purchased for a total of $599,000 with the addition of the contiguous 11.12-Acre property, the historic Sutherland Falls Quarry, whose unique beauty opens the door to several other income possibilities. These would include expanded outdoor catering capabilities and residential development/subdivision. The Restaurant and Multi-family building are available with just the 5.66 acres alone as listed here for $499,000. 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!
Listed by
Listing Agent - Zachary Zupan
Listing Agent Contact: Phone: 802-430-9929
Listing Office - EXP Realty
Source: PrimeMLS mls logo
MLS#5030255 • last updated 3 weeks ago
Movoto checked PrimeMLS for data 4 minutes ago
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Overview
Cooling/AC Wall AC Units
Levels/Style 2
Status Active
MLS # 5030255
Type Multi-Family
Lot Size (SqFt) 246550
Lot Size (Acres) 5.66
Year Built 1880
Construction Status Existing
Interior
Basement Yes, Interior
Floor Type Wood
Exterior
Roof Metal
Driveway Dirt
Amenities / Utilities
Sewer/ Septic Public
Electricity Circuit Breaker(s)
Location
County VT-Rutland
Zoning Commercial
Multifamily Details
Unit 1: # Bedrooms 1
Total # of Units 2
Unit 2: # Bedrooms 2
Total # of 2-BR Units 1
Total # of 1-BR Units 1
Lot/ Land Details
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Around the neighborhood

Explore everything this neighborhood has to offer.
15/100
Walk
72/100
Family
28/100
Dining
68/100
Pet
  • Real Estate
  • VT
  • Rutland County
  • Proctor
  • 05765
  • 25 North St

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