25 North Street Proctor, VT $ 539,000
25 North Street
$ 539,000
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25 North Street

Proctor, VT, 05765
$ 539,000
Baths0.0

Monthly Estimate*

$ 3,765

Listed by Claire Thompson, Four Seasons Sotheby's Int'l Realty, 802-417-3185, claire.thompson@fourseasonssir.com
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Studio

Commercial Property for sale in Proctor, VT

for $539,000. The lot size is 5.66.

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. 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.

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Commercial Active

Price

$ 539,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,556

Style

Business,Multi-Family

Lot Size

5.66

Town/City

Proctor

County/Region

Rutland

MLS | Web ID

4979428

Features
Interior
Basement Description Dirt Unfinished
Basement Yes
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General
Road Frontage Yes
Sewer Public
Utilities Cable - At Site DSL - Available Telephone At Site
Parking Off Street Unpaved
Zoning Commercial and Residentia
Status Active
Electric Circuit Breaker(s)
Tax Year 2023
Area VT-Rutland
Tax Gross Amount 6556.21
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Exterior
Lot Size Area 5.66
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* Excluded Features
List By
Claire Thompson

Listing Agent

Four Seasons Sotheby's Int'l Realty

Broker

(802) 417-3185

Phone

claire.thompson@fourseasonssir.com

Email

Affordability Calculator

$4,311
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,765
Monthly Property Taxes
$546
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2023$539,000 Listed Price

Map


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25 North Street, Proctor, VT, 05765 is a Commercial Property for sale at $539,000 with a lot size of 5.66. 25 North Street is a studio with 0.0 baths. The property's zip code is 05765 which is in Proctor, VT