VT > Proctor
Proctor, VT 05765,25 & 31 North ST
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Proctor, VT 05765,25 & 31 North ST
Proctor, VT 05765,25 & 31 North ST
Proctor, VT 05765,25 & 31 North ST
Proctor, VT 05765,25 & 31 North ST
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Corina Cisneros

Corina Cisneros

+1(603) 273-6160
Listed by Zachary Zupan • EXP Realty • Phone: 802-430-9929
$ 599,000
Est. payment /mo
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25 & 31 North ST Proctor, VT 05765

16.78 Acres Lot

UPDATED:

02/25/2025 04:32 PM

Key Details

Property Type Commercial

Sub Type Business,Investment,Land,Multi-Family,Opportunity,Retail,Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5030232

Year Built 1880

Annual Tax Amount $7,480

Tax Year 2024

Lot Size 16.780 Acres

Acres 16.78

Property Sub-Type Business,Investment,Land,Multi-Family,Opportunity,Retail,Vacant Land

Property Description

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!

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Commercial

Rooms

Basement Entrance Interior

Basement Interior Access

Interior

Inclusions Equipment, Inventory, Land/Building, Land/Building/Business, Building, Furnishings

Exterior

Parking Features Off Street, On-Site, Unpaved

Garage Description Off Street, On-Site, Unpaved

Utilities Available Cable - At Site, Telephone At Site

Roof Type Metal

Building

Sewer Public

PrimeMLS
agent

Corina Cisneros

Broker Associate/ Owner | License ID: 069247

+1(603) 273-6160

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25 & 31 North ST