List Price: $499,000 | $123 per sq.ft. Commercial
Space type Business w/ Real Estate,Food Service,Storefront
Listed Monday Feb 24, 2025 | MLS# 5030231
25 North Street Proctor VT
Listed by 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 5.66 Acre parcel. This opportunity can also be purchased (found at MLS#5030232) 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!
Building Type : Business | Investment | Land | Multi-Family | Opportunity | Retail

Disability Features : Access Restrooms | Bathroom w/5 Ft. Diameter | Handicap Modified | No Stairs from Parking | One-Level Business

Misc : Living Space Available | Phone System | Public Restrooms | Heat Included | In-Unit Bathroom

Sale Includes : Equipment | Inventory | Land/Building | Land/Building/Business | Building | Furnishings

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1880
Wood Siding
Price Per SQ.FT. 122.85 No. of Units: 3
Building Size : 4062
Building Type: Business | Investment | Land | Multi-Family | Opportunity | Retail

ExteriorRoof: Metal

InteriorBasement: Interior Access

Land Information

Lot size: 5.66 acres
Zoned: Commercial
Road Frontage: 1122
Garage And Parking: Off Street | On-Site | Unpaved
Road Frontage: 1122
No. of Docks | 0.

UtilitiesHeating: Baseboard | Oil
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Utilities: Cable - At Site | Gas - LP/Bottle | Telephone At Site
AC % | 0.



Docs Available : Deed
Taxes $7,152
Assesed Value Not Reported
Schools

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