For Sale Status
$499,000 List Price
Multi Type
3 Beds
0 Baths
3,978 Sqft
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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 over 4000 square foot building, complete with two income producing apartments, sits on a 5.66 Acre parcel. This opportunity can also be purchased 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 Location
Property Details
| List Price 499,000 | Bedrooms 3 | Garage Size Car |
|---|---|---|
| Cooperation Fee Unknown | Total Bathrooms 0 | Year Built 1880 |
| MLS# 5030255 | Lot Size 5.66 Acres | Taxes $7,152 |
| Type Multi-Family | Days on Market 484 Days | Tax Year 2024 |
| Units 2 | Stories 2 | Road Frontage 1122 |
| Annual Income $0 | Style Mountain | Water Frontage |
| Annual Expenses $0 | Finished 3,978 Sqft | Construction No, Existing |
| Zoning Commercial | Above Grade 3,978 Sqft | Seasonal No |
| Total Rooms 3 | Below Grade 0 Sqft | List Date Feb 25th, 2025 |

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