Listed by Zachary Zupan • EXP Realty (Phone: 802-430-9929).
For sale
$599,000
Est. $3,881/mo —
3
bd
•
— ba
•
3,978
sq ft
25 & 31 North St, Proctor, VT 05765
About this home
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!
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!
PrimeMLS #5030272
Sep 26, 2025
Relisted
—
May 8, 2025
Contingent
—
Feb 25, 2025
Listed
$599,000
$151/sq ft
PrimeMLS #1
May 30, 2024
Price Changed
$499,000
$125/sq ft
Public Records
Jul 12, 2010
Sold
$215,800
$54/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,131 (−2.2%)
$36,810 + $204,840
$241,650
2024
$4,222 (+11.7%)
$36,810 + $204,840
$241,650
2023
$3,780 (−39.1%)
$36,810 + $204,840
$241,650
2022
$6,209 (−0.6%)
$36,810 + $204,840
$241,650
2021
$6,245 (−1.8%)
$36,810 + $198,680
$235,490
2020
$6,362 (+0.3%)
$36,810 + $198,680
$235,490
2019
$6,342 (+4.2%)
$36,810 + $198,680
$235,490
2018
$6,087 (+5.7%)
$36,810 + $198,680
$235,490
2017
$5,758 (+6.3%)
$36,810 + $198,680
$235,490
2016
$5,417 (+1.1%)
$52,300 + $186,100
$238,400
2015
$5,360 (−12.4%)
$52,300 + $186,100
$238,400
2014
$6,118 (+1,076.5%)
$48,500 + $167,300
$215,800
2011
$520
$48,500 + $167,300
$215,800
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
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Lot width
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Lot depth
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Lot size
5.66 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Rutland County
APN
49815710726
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
COMM
Commercial District
Proctor’s small commercial district runs through the village center, along Main and Market Streets. The scale of any future commercial development should be compatible with the rural nature of Proctor and the adjacent commercial and residential structures.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 hot days expected this year, 17 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
Air Factor
We're working on getting current and accurate air risk information for this home.
Provided by First Street
Historical weather
Proctor, VT • 05765
Average low and high temperatures (°F)
27
14
30
11
47
26
58
36
65
47
78
56
82
61
79
54
74
50
61
39
46
31
32
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 25 & 31 North St
$531,048
$68K under list price of $599K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $649K.