25 & 31 North
Proctor, VT 05765
- – beds
- – baths
- 3,978 sqft
- ~17 acre lot
- $150 per sqft
- 1880 build
- – on site
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!
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Last updated Feb 25, 2025
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MLS# 5030272 —
The Building
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Year Built:1880
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame, Wood Siding
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Architectural Style:Multi-Family
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Roof:Metal
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Foundation:Concrete
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Total Stories:2
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Total Units:2
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Approx SqFt Total:6575
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Approx SqFt Total Finished:3,978 Sqft
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Approx SqFt Finished Above Grade:3,978 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:197
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Approx SqFt Unfinished Above Grade Source:Other
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Approx SqFt Unfinished Below Grade:2400
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Approx SqFt Unfinished Building Source:Other
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Approx SqFt Finished Above Grade Source:Other
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Road Frontage Type:Other
Interior
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Flooring:Wood
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Basement:Yes
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Basement Description:Interior Access, Stairs - Interior
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Basement Access Type:Interior
Location
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Directions:At the end of Main Street, take a left onto North Street and the parking lot in front of the restaurant.
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Latitude:43.662777603667905
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Longitude:-73.040429068786622
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:Hilly, Landscaped, Mountain View, Pond, Pond Frontage, Pond Site, Sloping, Steep, View, Water View, Waterfront, Wooded, In Town, Mountain, Neighborhood
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Lot SqFt:730,937 Sqft
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Lot Acres:16 Sqft
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Zoning:Commercial
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Driveway:Dirt
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Road Frontage:Yes
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Road Frontage Length:1,698 Sqft
Listing Agent
- Contact info:
- Office phone:
- (802) 448-0615
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$7,480.73
Beds
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Total 2 Bedroom Units:1
The Listing
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Price Per SqFt:150.58
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Oil, Baseboard
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Cooling:Wall AC Units
Utilities
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Utilities:Cable - At Site, Gas - LP/Bottle, Telephone At Site, Phone
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
Appliances
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Appliances:Water Heater – Oil, Water Heater – Owned
The Community
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Covenants:Unknown
Parking
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Parking:Off-Site, On-Site, Unpaved
Extra Units
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Unit 1 Bedrooms:1
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Unit 2 Bedrooms:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/25/25
Feb 25, 2025
|
Listed / Active | PRIME_MLS | $599,000 |
