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Courtesy of Zachary Zupan of EXP Realty: Phone: 802-430-9929.

25 & 31 North Street

Proctor, VT 05765
  • $599,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 5030272
UPDATED: 53 min ago
$599,000
  • 3
    BEDS
  • 16.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,978
    SQFT
  • $151
    $/SQFT
Type:
Multi-Family
Built:
1880
County:
Area:

School Ratings & Info

Description

Franklins 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 towns 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!

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-03-25T08:07:18.097.
www.livingvermont.com/homes/160833139
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25 & 31 North Street Proctor, VT 05765

  • Price: $599,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 53 min ago
  • MLS #: 5030272
3
Beds
0
Baths
0
½ Baths
16.78
Acres
3,978
SQFT
$151
$/SQFT
1880
Built
County:
Rutland
Area:
Proctor
Property Description
Franklins 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 towns 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!
Exterior Features

Architectural Style Multi-Family Color Beige Construction Materials Wood FrameWood Siding Driveway Dirt Has Garage No Lot Features HillyLandscapedMountain ViewPondPond FrontagePond SiteSlopingSteepViewWater ViewWaterfrontWoodedIn TownMountainNeighborhood Parking Off-SiteOn-SiteUnpaved Road Frontage Yes Road Frontage Length 1698 Roof Metal

Interior Features

Basement Access Type Interior Basement Description Stairs - InteriorInterior Access Cooling Wall AC Units Flooring Wood Foundation Concrete Has Basement Yes Heating OilBaseboard

Property Features

Auction No Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Pre Construction No Road Frontage Type Other Seasonal No Sewer Public Tax Gross Amount 7480.73 Tax Year 2024 Taxes Tbd No Total1 Bed Units 1 Total2 Bed Units 1 Total3 Plus Bed Units 0 Utilities Cable - At SiteGas - LP/BottleTelephone At SitePhone Water Source Public Zoning Commercial

Courtesy of Zachary Zupan of EXP Realty: Phone: 802-430-9929.


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-03-25T08:07:18.097.
 
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