Proctor, VT | 25 & 31 North Street

$599,000
MLS#: 5030232
16.78
Acres
1,698
Road Frontage
0
SQ. Feet
$7,481
Taxes
1 of 60

General Property Information

Price:
$599,000
Property Status:
Active
County:
VT-Rutland
Agency/Brokerage:
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!

Property Features

Year Built:
1880
# of Stories:
Road Frontage:
1698
Zoning:
Commercial
Acres:
16.78
Total Sq ft:
0
# of units:
3
Parking:
Off Street,On-Site,Unpaved
Basement:
Interior Access
Location:
Exterior Features:
Sales Includes:
Equipment,Inventory,Land/Building,Land/Building/Business,Building,Furnishings
Roof Style:
Metal
Type:
Business w/ Real Estate,Food Service,Storefront
Misc:
Living Space Available,Phone System,Public Restrooms,Heat Included,In-Unit Bathroom
Foundation:
Fuel:
Heating & Cooling:
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-02-25
Last Updated:
2025-02-25 16:32:25

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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