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Offered at $599,000Active
beds
3
baths
sq ft
3,978
Built
1880

25 & 31 North Street

Proctor, VT 05765

Residential Income · Active · MLS #5030272
Listing Courtesy of EXP Realty | Zachary Zupan, Lawrence Zupan

The home

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!

Property information

Details at a glance

Interior1 property facts
Heating
Baseboard
Building3 property facts
Style
Multi Family
Year built
1880
Roof
Metal
Land & utilities3 property facts
Lot size
16.78 acres
Water
Public
Sewer
Public Sewer
Financial2 property facts
Annual taxes
$7,481
Assessment year
2024

Plan your purchase

Estimated monthly cost

Explore costs at the $599,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,652 / monthAdjust
Principal & interest
$3,029
Property tax
$623
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,481. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

  1. New

    $599,000 · Feb 25, 2025

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Price & market context

See how this home compares with active listings in Proctor.

This home compared with active listings in Proctor
MetricThis homeLocal listings
List price$599,000$313,00091% above local
Price / sq ft$151$11729% above local
Days on market20710499% above local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

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Common questions

About 25 & 31 North Street

Can I request a private showing?

Request a tour of 25 & 31 North Street and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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