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!
Active
Listed by: EXP Realty
$599,000
25 & 31 North Street, Proctor, VT 05765
3beds
--baths
3,978sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
Historic sutherland falls quarryPool tableAttractive barWood floorsOutdoor seatingInnumerable upgrades
- 472 days |
- 163 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Zachary Zupan,
EXP Realty Phone:802-430-9929,
Lawrence Zupan,
EXP Realty
Source: PrimeMLS,MLS#: 5030272
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Oil, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Oil Water Heater, Owned Water Heater
Features
- Flooring: Wood
- Basement: Interior Stairs,Interior Access,Interior Entry
Interior area
- Total structure area: 6,575
- Total interior livable area: 3,978 sqft
- Finished area above ground: 3,978
- Finished area below ground: 0
Property
Parking
- Parking features: Dirt, Off Site, On Site, Unpaved
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s), Water
- Water view: Water
- Waterfront features: Pond, Pond Frontage, Pond Site, Waterfront
- Frontage length: Road frontage: 1698
Lot
- Size: 16.78 Acres
- Features: Hilly, Landscaped, Sloped, Steep Slope, Views, Wooded, In Town, Mountain, Neighborhood
Details
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site, Propane, Telephone at Site, Phone
Community & HOA
Location
- Region: Proctor
Financial & listing details
- Price per square foot: $151/sqft
- Annual tax amount: $7,480
- Date on market: 2/25/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,606/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2025 | Listed for sale | $599,000$151/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 05765
Nearby schools
GreatSchools rating
- 4/10Proctor Elementary SchoolGrades: PK-6Distance: 0.1 mi
- 5/10Proctor Junior/Senior High SchoolGrades: 7-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Vermont
- Rutland County
- Proctor
- 05765
- 25 & 31 North Street



