25 North StreetProctor, VT 05765MLS Number 5030255

  • Price: $499,000
  • Est. Mortgage of $/month
  • 26 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 5.66Acreage
  • 1880Year Built
  • 3,978Square Feet
  • 2024Tax Year

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Listed by Zachary Zupan of EXP Realty (Phone: 802-430-9929)
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!

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Tax Information

  • Tax Year2024

Building

  • Year Built1880
  • Building ConstructionWood Frame, Wood Siding
  • StyleMulti-Family
  • Units2
  • Unit 1 Bedrooms1
  • Unit 2 Bedrooms2
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • BasementInterior Access, Stairs - Interior
  • FoundationConcrete

Amenities

  • PricePerSqFt125.44

Other

  • Taxes$7,151.63
  • Seasonal Y/NNo
  • Date Listed02/25/2025
  • View Count2

Basic Information

  • StatusACT
  • List Price$499,000
  • Date Price Change02/25/2025
  • MLS Number5030255
  • MLS StatusActive

Property

  • Acreage5.66
  • GarageNo
  • Parking Spaces
  • Lot Description
    • Hilly
    • In Town
    • Mountain
    • Mountain View
    • Neighborhood
    • View
    • Wooded
  • Square Feet3,978
  • APX Fin AG Sqft3,978
  • Road Frontage1122
  • RoadsOther
  • AreaVT-Rutland

Location

  • TownProctor
  • StateVT
  • Zip05765
  • CountyRutland
  • ZoningCommercial
  • Address25 North Street
  • Flood Zone Y/NUnknown

Interior

  • FloorsWood

Exterior

  • RoofMetal

Utilities

  • Heat SystemOil, Baseboard
  • WaterPublic
  • Water HeaterWater Heater – Oil, Water Heater – Owned
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - At Site, Gas - LP/Bottle, Phone, Telephone At Site
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 March 22, 2025 9:37 PM EDT

 

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