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About the Listing 5872 - 284579,113
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!
Listing Highlights
Status
Active
Days on Site
355
Property Type
Multi-Family
MLS ®
5030272
Year Built
1880
Total Square Footage
3,978
Lot/Acreage
16.78
County
Rutland
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall AC Units
- Heating: Oil,Baseboard
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft: 3978
- Below Ground Sq Ft: n/a
- Basement: Yes,Interior Stairs,Interior Access
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Commercial
- Roof: Metal
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $7,481
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
25 & 31 North St Proctor, VT 05765
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