25 North
Proctor, VT 05765
- – beds
- – baths
- 3,978 sqft
- ~6 acre lot
- $125 per sqft
- 1880 build
- 40 days 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 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!
Last checked:
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Last updated Feb 25, 2025
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MLS# 5030255 —
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 Finished Building Source:Other
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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:43.662757807074421
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Longitude:-73.040425915344230
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:Hilly, Mountain View, View, Wooded, In Town, Mountain, Neighborhood
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Lot SqFt:246,550 Sqft
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Lot Acres:5 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:1,122 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:$7,151.63
Beds
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Total 2 Bedroom Units:1
The Listing
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Price Per SqFt:125.44
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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 | $499,000 | |
|
5/30/24
May 30, 2024
|
Price Changed | PRIME_MLS | ||
|
12/6/23
Dec 6, 2023
|
Listed / Active | PRIME_MLS |
