Proctor, VT | 25 North Street

$499,000
MLS#: 4979503
2
# of Units
3,978
Total Sq. Feet
5.66
Acres
$6,556
Taxes
1 of 21

General Property Information

Price:
$499,000
County:
VT-Rutland
Acres:
5.66
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Claire Thompson
Four Seasons Sotheby's Int'l Realty

Franklin's has been a staple of this community for years! Boasting food, friends, and fun, this family owned restaurant is open 7 days a week and the tables are filled each and every day. Year round, this well known restaurant sees regular customers from all over the state and beyond. In addition, the VAST trails lead right to Franklin's so snowmobilers come from far and wide and fill the restaurant and bar throughout the winter. Franklin's sits on a 5.66 acre lot and offers lots of parking. The dining room features a 72 seat occupancy with 15 seats at the bar. The pool table is a great feature for patrons to enjoy while sipping on drinks and eating great food with friends and family. The kitchen has had many upgrades and improvements in the last several years. In addition to the restaurant, there are two residential apartments on the 2nd floor. There is one two bedroom apartment and a one bedroom apartment. The one bedroom apartment has brand new laminate wood flooring throughout the apartment and the two bedroom will also have laminate wood flooring installed asap. Both apartments are currently occupied and provide another form of income for the owners. The sale includes all inventory and equipment and furniture. It is quite literally a turn key business! This is a great property with multiple income opportunities. This property is also listed as a commercial listing under MLS # 4979428

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1880
Parking:
Road Frontage:
180
Acres:5.66
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:Corner,Hilly,Level,Open,Wooded
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

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

Unit 2

#Rooms:
#Bedrooms:
0
#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:
2023-12-06
Last Updated:
2024-05-30 14:56:09

Stowe Village Office

Teresa Merelman

(P) 802.253.1806
(F) 802.253.1807
email

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