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Mixed-Use Land for Sale in Proctor, Vermont

25 & 31 North St, Proctor, VT 05765

$599,000
16.8 acres
Active
Est $3,558/mo

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!

Sq feet
1880
Built

Location

Street address
25 & 31 North St
Elevation
525 feet
Coordinates
43.6627, -73.0404

Directions

At the end of Main Street, take a left onto North Street and the parking lot in front of the restaurant.

Property details

Acreage
16.78 acres
Zoning
Commercial
MLS #
NNEREN 5030232
Posted

Property taxes

2024
$7,481

Details and features

Listing

Type
Commercial Sale
Unit Count
3

Structure

Roof
Metal

Listing history

DateEventPriceChangeSource
Sept 26, 2025Back on market$599,000NNEREN
May 9, 2025Under contract$599,000NNEREN
Feb 25, 2025New listing$599,000NNEREN
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This 16.78-acre property is located at 25 & 31 North St in Proctor, VT 05765. The property is available for sale for $599,000. It has a structure built in 1880.

Checked 35 mins ago — Updated

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