25 & 31 North Street,Proctor, VT 05765
Proctor, VT 05765
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!
Details
| MLS # | 5030272 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1880 |
| Days On Site | 541 |
| Listing Provided By | EXP Realty | Zachary Zupan |
Features
| SQ Feet | 3,978 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Commercial |
| Acreage | 16.78 |
Interior
| Cooling | Wall Unit(s) |
|---|---|
| Heating | Oil, Baseboard |
| Appliances | Oil Water Heater, Owned Water Heater |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Wood Frame, Wood Siding |
| Foundation Details | Concrete |
| Lot Features | Hilly, Landscaped, Mountain View, Pond, Pond Frontage, Pond Site, Sloping, Steep Slope, Views, Water View, Waterfront, Wooded, In Town, Mountain, Neighborhood |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Site, On Site, Unpaved |
Utilities
| Utilities | Cable Connected, Propane, Phone Connected |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 7480.73 |
|---|---|
| Tax Year | 2024 |
Area Information
| State | VT |
|---|---|
| County | Rutland |
| City | Proctor |
| Zip Code | 05765 |
| Area | VT Rutland |
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Copyright 2026 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.
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | Rutland |
| City | Proctor |
| Zip Code | 05765 |
| Area | VT Rutland |
 | $499,00025 North StreetProctor, VT 05765 |
Copyright 2026 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.
