About This Home
This 0-bedroom, 0-bathroom commercial at 25 North Street in Proctor, VT is listed for $499,000. Built in 1880, on a 5.66 acres lot.
Key Features
- Built in 1880
- 5.66 acre lot
Property Details
Amenities
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 fun
ctioning 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!
Monthly Cost Estimate
$2,669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
25 North Street
Proctor, VT 05765
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 25 North Street is listed at $499,000. The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1880, 5.66 acre lot.
This property is listed by Zachary Zupan and can be reached at (802) 868-6367.


