Listing by: Zachary Zupan, EXP Realty, Phone: 802-430-9929
0 Beds
n/a Full bath
4,062SqFt
Active
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!
Property Details | ||
|---|---|---|
| Price | $499,000 | |
| Lot Size Area | 246550 | |
| Acres | 5.66 | |
| Property Type | Commercial | |
| Sub type | Business | |
| MLS® Sub type | Business,Investment,Land,Multi-Family,Opportunity,Retail | |
| Features | Heat Included,In-Unit Bathroom,Living Space Available,Phone System,Public Restrooms | |
| Year Built | 1880 | |
| Roof | Metal | |
| Heating | Baseboard,Oil | |
| Accessibility | Access to Restroom(s),Bathroom w/5 Ft. Diameter,Handicap Modified,No Stairs from Parking,One-Level Business | |
| Lot Description | In Town,Mountain,Neighborhood,Hilly,Mountain View,View,Wooded | |
| Parking Description | Off Street,On-Site,Unpaved | |
Geographic Data | ||
| Directions | At the end of Main Street, take a left onto North Street and the parking lot in front of the restaurant. | |
| County | VT-Rutland | |
| Latitude | 43.662753926368 | |
| Longitude | -73.040442008598 | |
| Market Area | VT-Rutland | |
Address Information | ||
| Address | 25 North Street, Proctor, VT 05765 | |
| Postal Code | 05765 | |
| City | Proctor | |
| State | VT | |
| Country | United States | |
Listing Information | ||
| Listing Office | EXP Realty | |
| Listing Office Phone | 833-388-2480 | |
| Listing Office Email | VT.Broker@exprealty.net | |
| Listing Agent | Zachary Zupan | |
| Listing Agent Phone | 833-388-2480 | |
| Attribution Contact | Phone: 802-430-9929 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
MLS® Information | ||
| Days on market | 208 | |
| MLS® Status | Active | |
| Listing Date | Feb 24, 2025 | |
| Listing Last Modified | Feb 10, 2026 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 7151 | |
| MLS® Area | VT-Rutland | |
| MLS® # | 5030231 | |
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This information is believed to be accurate, but without any warranty.