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Listed by Zachary Zupan with EXP Realty Phone: 802-430-9929
3 Beds
0 Baths
3,978 sqft

$599,000

25 & 31 North Street, Proctor VT, 05765

Price per sqft$150.58
Built in1880
Property size3,978 sqft
Property typeMulti-family

Overview

Active

Listed Feb 25, 2025

Updated Jun 9

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!

$3,985/mo

Est. mortgage payment based on a $599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5030272

Interior Features

Bedrooms
3
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
16.78 Acres

Other Property Details

Taxes
$7,481
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Zachary Zupan with EXP Realty Phone: 802-430-9929

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