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Mixed-Use Land for Sale in Proctor, Vermont

25 North St, Proctor, VT 05765

$499,000
5.66 acres
Active
Est $3,041/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 5.66 Acre parcel. This opportunity can also be purchased (found at MLS#5030232) 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!

Sq feet
1880
Built

Location

Street address
25 North St
Elevation
525 feet
Coordinates
43.6621, -73.0414

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
5.66 acres
Zoning
Commercial
MLS #
NNEREN 5030231
Posted

Property taxes

2024
$7,152

Parcels

  • 49815710726

Resources

Details and features

Listing

Type
Commercial Sale
Unit Count
3

Structure

Heating
Baseboard, Oil
Cooling
Multi Units
Roof
Metal

Listing history

DateEventPriceChangeSource
Sept 26, 2025Back on market$499,000NNEREN
May 9, 2025Under contract$499,000NNEREN
Feb 25, 2025New listing$499,000NNEREN
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This 5.66-acre property is located at 25 North St in Proctor, VT 05765. The property is available for sale for $499,000. It has a structure built in 1880.

Checked 16 mins ago — Updated

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