$499,000

25 North Street, Proctor, VT 05765

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon5.66acre 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 5.66 Acre parcel. This opportunity can also be purchased (found at MLS#5030232) 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!

Listing Status:
Active
Date Added:
February 24, 2025 at 06:00AM
Listing Office:
EXP Realty : 833-388-2480
Listing Agent:
Zachary Zupan : 802-430-9929
MLS ID:
5030231
  • Basement: Interior Access
  • A/C: Wall AC Units
  • Heating: BaseboardOil
  • 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 SitePropaneTelephone 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

0.09 miles away

P

Proctor Jr. /Sr. High School

4 Park St, Proctor, VT, 05765

Grades 7-12

0.77 miles away

P

Proctor Jr. /Sr. High School

4 Park St, Proctor, VT, 05765

Grades 7-12

0.77 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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