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

$475,000

25 North Street, Proctor VT, 05765

Price per sqft$119.41
Built in1880
Property size3,978 sqft
Property typeMulti-family

Overview

Active

Listed Feb 25, 2025

Updated 27h ago

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!

$3,160/mo

Est. mortgage payment based on a $475,000 home price.

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

Additional information

MLS® ID
5030255

Interior Features

Bedrooms
3
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
5.66 Acres

Other Property Details

Taxes
$7,152
Tax Frequency
Annually
View
Yes
MLS provider logo

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

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