Listing courtesy of Zachary Zupan, eXp Realty Phone: 802-430-9929
25 & 31 North Street, Proctor, VT, 05765
3 beds
1880
Multi-Family
3,978 sqft
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!
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
Commercial
Frontage:
1698
Heating:
Oil, Baseboard
Cooling:
Wall AC Units
Basement:
Stairs - Interior, Interior Access
Parking:
Off-Site, On-Site, Unpaved
Acreage:
16.78
Est. Taxes:
$7,481
Lot Description:
Hilly,Landscaped,Mountain View,Pond,Pond Frontage,Pond Site,Sloping,Steep,View,Water View,Waterfront,Wooded,In Town,Mountain,Neighborhood
Waterfront:
Yes
MLS #:
5030272