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Listed price in listed location currency (USD).
$499,000

000

MLS® 5030255

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 282
Lot Size 5.66 acres
Approx. Age 1880
MLS® Number 5030255

Property Address: 25 North St, Proctor, VT, 05765-1130

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number5030255
Laundry Level
Central VacNo
FireplaceNo
Acreage5.66
Exterior
GarageNo
Approx. Age1880
BasementInterior Entry, Interior Stairs
DrivewayOff Site, On Site, Unpaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
25 North St, Proctor, VT

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