25 & 31 North Street Proctor, VT $ 599,000
25 & 31 North Street
$ 599,000
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25 & 31 North Street

Proctor, VT, 05765
$ 599,000
Bedrooms3 Baths0.0 Sq 3,978

Monthly Estimate*

$ 3,737

Listed by Zachary Zupan, EXP Realty, 802-430-9929, Zachary.Zupan@exprealty.com
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Multi-Family Home for sale in Proctor, VT

for $599,000 with 3 bedrooms. This 3,978 square foot home was built in 1880 on a lot size of 16.78.

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!

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Multi-Family Active

Price

$ 599,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

16.78

Year Built

1880

Town/City

Proctor

County/Region

Rutland

MLS | Web ID

5030272

Features
Interior
Basement Description Interior Stairs Interior Access
Basement Yes
Flooring Wood
Total Number of Units 2
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General
Road Frontage Yes
Sewer Public
Heating Oil Baseboard
Cooling Wall AC Units
Utilities Cable at Site Propane Telephone at Site Phone
Roof Metal
Appliances Oil Water Heater Owned Water Heater
Garage No
Flood Zone No
Zoning Commercial
Year Built 1880
Electric Circuit Breaker(s)
Style Multi-Family
Stories Count 2
Construction Status Existing
Auction No
Tax Year 2024
Status Detail 0
Covenants Unknown
Construction Materials Wood Frame Wood Siding
Directions At the end of Main Street take a left onto North Street and the parking lot in front of the restaurant.
City Proctor
Seasonal No
DOM 147
Price Per Sq Ft Total AG 150.58
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Exterior
Lot Features Hilly Landscaped Mountain View Pond Pond Frontage Pond Site Sloping Steep View Water View Waterfront Wooded In Town Mountain Neighborhood
Driveway Dirt
Lot Size Area 16.78
Water Source Public
Parking Features Off-Site On-Site Unpaved
Foundation Concrete
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* Excluded Features
List By
Zachary Zupan

Listing Agent

Exp Realty

Broker

(802) 430-9929

Phone

Zachary.Zupan@exprealty.com

Email

Affordability Calculator

$3,737
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,737
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2025$599,000 Listed Price

Map


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25 & 31 North Street, Proctor, VT, 05765 is a Multi-Family Home for sale at $599,000 with 3,978 sqft and a lot size of 16.78. 25 & 31 North Street has 3 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 05765 which is in Proctor, VT