 603-643-3942
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$499,000 | $123 per sq.ft.
Commercial Property, 25 North Street Proctor VT | Space type Business w/ Real Estate,Food Service,Storefront MLS# 5030231
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| DESCRIPTION
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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 Price per SQFT | 122.85 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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CONSTRUCTION: Wood Siding | Price Per SQ.FT. 122.85 | Year Built: 1880 No. of Units-| 3 Building Size | 4062 Basement: Interior Access |
Building Type: Business | Investment | Land | Multi-Family | Opportunity | Retail Roof: Metal Garage And Parking: Off Street | On-Site | Unpaved Road Frontage: 1122 Heating: Baseboard | Oil Cooling: Wall AC Units Electric: Circuit Breaker(s) Utilities: Cable - At Site | Gas - LP/Bottle | Telephone At Site No. of Docks | 0. No. of Drive Doors | 4062. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 5.66 acres Zoned: Commercial Road Frontage: 1122 |
Docs Available : Deed Taxes $7,152 | Assesed Value $0 in | ||
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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Data last updated April 3rd, 2025 |
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