$499,000 Price Analysis    ♡   Proctor, VT 05765 Unknown bed None bath 3,978 SqFt ($125/SqFt) 5.66 acre lot. Built 1880 Listed 2023-12-06, Taxes $6,244 | ✓ USDA Eligible near Proctor, VT Restrictions may apply due to home size |
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 tre mendous 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 bdroom 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
Presented by Claire Thompson at
Four Seasons Sotheby's International Realty.
Property MLS #4979503 from PrimeMLS
Water Heater Owned
Heating Features: Baseboard
Heating Fuel: Oil
Road Frontage Type: Yes
Roads: Paved, Public
Lot Size Square Feet: 246550
Map directions Map directions Map directionsSource Listing Status: Active
County: VT-Rutland
Tax Year: 2023
Source Property Type: Multi-Family
Zoning: Commercial & Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $198,680 + $36,810 $235,490 | $6,244 |
| 2020 | $198,680 + $36,810 $235,490 | $6,362 |
| 2019 | $198,680 + $36,810 $235,490 | $6,341 |
| 2018 | $198,680 + $36,810 $235,490 | $6,087 |
| 2017 | $198,680 + $36,810 $235,490 | $5,758 |
| 2016 | $186,100 + $52,300 $238,400 | $5,416 |
| 2015 | $186,100 + $52,300 $238,400 | $unknown |
| 2015 | $186,100 + $52,300 $238,400 | $5,360 |
| 2014 | $185,500 + $52,300 $237,800 | $unknown |
| 2012 | $185,500 + $52,300 $237,800 | $4,957 |
| 2011 | $185,500 + $48,500 $234,000 | $5,017 |
$499,000
PrimeMLS
Listed 2023-12-06
$539,000
PrimeMLS
Sold 2010-07-12
$215,800
Public Record
Listing removed 2010-01-26
$255,000
Vermont
Price Changed 2009-12-16
$255,000
Vermont
Listed 2009-08-20
$280,000
Vermont
Year Built: 1880
Above Grade Finished Area: 3978
Above Grade Unfinished Area: 197
Below Grade Unfinished Area: 2400
Construction Materials: Wood Frame, Wood Siding
Foundation Details: Concrete
Property Age: 144
Property Condition: Existing
Roof: Corrugated, Metal
Levels or Stories: 2
Total Area Sqft: 6575
Architectural Style: Multi-Family
Sewer: Public
Cable
Gas - LP/Bottle
Telephone At Site
Phone
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.