25 North St Proctor, VT 05765
Estimated payment $3,203/month
Highlights
- 5.66 Acre Lot
- Hilly Lot
- Wood Flooring
- Mountain View
- Wooded Lot
- Baseboard Heating
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,152
Year Built
- Built in 1880
Lot Details
- 5.66 Acre Lot
- Hilly Lot
- Wooded Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3 Bedrooms
- Property has 2 Levels
- Wood Flooring
- Mountain Views
- Basement
- Interior Basement Entry
Parking
- Dirt Driveway
- Unpaved Parking
- On-Site Parking
- Off-Site Parking
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $241,650 | $36,810 | $204,840 |
| 2023 | -- | $241,650 | $36,810 | $204,840 |
| 2022 | $6,209 | $241,650 | $36,810 | $204,840 |
| 2021 | $6,245 | $235,490 | $36,810 | $198,680 |
| 2020 | $6,362 | $235,490 | $36,810 | $198,680 |
| 2019 | $6,342 | $235,490 | $36,810 | $198,680 |
| 2018 | $6,087 | $235,490 | $36,810 | $198,680 |
| 2017 | $5,758 | $235,490 | $36,810 | $198,680 |
| 2016 | $5,417 | $238,400 | $52,300 | $186,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $499,000 | -- | $125 / Sq Ft |
Source: PrimeMLS
MLS Number: 5030255
APN: 498-157-10726
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