List Price: $539,000 Commercial
Space type
Date Listed Tuesday Dec 5, 2023 | MLS# 4979428


Address: 25 North Street Proctor VT
Listed by Claire Thompson Four Seasons Sotheby's Int'l Realty
Description:
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.
Building Type : Business | Multi-Family

Disability Features : Access Restrooms | Bathroom w/5 Ft. Diameter | Handicap Modified | No Stairs from Parking | One-Level Business

Misc : Living Space Available | Phone System | Public Restrooms | Heat Included | In-Unit Bathroom

Sale Includes : Equipment | Inventory | Land/Building

Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 0
Wood Siding
Price Per SQ.FT. 0.00 No. of Units: 0
Building Size : 0
Building Type: Business | Multi-Family

Exterior

InteriorBasement: Dirt | Unfinished

Land Information

Lot size: 5.66 acres
Zoned: Commercial and Residentia
Garage And Parking: Off Street | Unpaved
No. of Docks | 0.

UtilitiesElectric: Circuit Breaker(s)
Utilities: Cable - At Site | DSL - Available | Telephone At Site
AC % | 0.

Additional Information
Taxes $6,556
Assesed Value Not Reported
Schools

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