$599,000

25 & 31 North Street, Proctor, VT 05765

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon16.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

This listing courtesy of Zachary Zupan, EXP Realty

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 almost 4000 square foot building, complete with two income producing apartments, sits on a 16.78 Acres of land constituting two separate parcels: 5.66 of which host the restaurant/multi-family business, and 11.12-Acres which include the historic Sutherland Falls Quarry, whose unique beauty opens the door to several other income possibilities (such as expanded outdoor catering capabilities and residential development/subdivision). The Restaurant and Multi-family building are available with just the 5.66 acres alone for $499,000, found at MLS#5030231. 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!

Listing Status:
Active
Date Added:
February 25, 2025 at 06:00AM
Listing Office:
EXP Realty : 833-388-2480
Listing Agent:
Zachary Zupan : 802-430-9929
MLS ID:
5030232
  • Basement: Interior Access
  • Disability Feature: One-Level BusinessAccess to Restroom(s)Bathroom w/5 Ft. DiameterHandicap ModifiedNo Stairs from Parking
  • Parking: Off StreetOn-SiteUnpaved
  • Roofing: Metal
  • General: Wood Siding
  • County: Rutland
  • Zoning: Commercial
  • Utilities: Cable at SiteTelephone at Site
  • Water: Public
  • Sewer: Public

This listing courtesy of Zachary Zupan, EXP Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Proctor Elementary School

14 School St, Proctor, VT, 05765

Grades PK-6

0.53 miles away

P

Proctor Jr. /Sr. High School

4 Park St, Proctor, VT, 05765

Grades 7-12

0.28 miles away

P

Proctor Jr. /Sr. High School

4 Park St, Proctor, VT, 05765

Grades 7-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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