
Mixed-Use Land for Sale in Proctor, Vermont
25 North St, Proctor, VT 05765
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!
Location
- Street address
- 25 North St
- County
- Rutland County
- Elevation
- 525 feet
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 26, 2025 | Back on market | $499,000 | — | NNEREN |
| May 9, 2025 | Under contract | $499,000 | — | NNEREN |
| Feb 25, 2025 | New listing | $499,000 | — | NNEREN |













































