25 & 31 North St, Proctor, VT 05765

Listing Courtesy of : Zachary Zupan from EXP Realty Phone: 802-430-9929

$599,000
3,978
SqFt

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List Price
$599,000
Status
ACTIVE
MLS#
5030272
Living Area
3,978
Lot Size (Acres)
16.78
Style
Multi-Family
Year Built
1880

Property 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 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!

Additional Information

Taxes
$7,480
Parking Features
Off Site, On Site, Unpaved
Water Source
Public
Roof
Metal
Water
Public
Sewer
Public Sewer

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