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  • Listed by: 

    Zachary Zupan,

    EXP Realty Phone:802-430-9929,

    Lawrence Zupan,

    EXP Realty

    $499,000

    25 North Street, Proctor, VT 05765

    3beds
    --baths
    3,978sqft
    : 
    Multi Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Pool tableAttractive barWood floorsOutdoor seating
    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 over 4000 square foot building, complete with two income producing apartments, sits on a 5.66 Acre parcel. This opportunity can also be purchased 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!
    288 days
    |
    128
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: September 25, 2025 at 01:51pm

    Listed by:

    Zachary Zupan,

    EXP Realty Phone:802-430-9929,

    Lawrence Zupan,

    EXP Realty

    Source: PrimeMLS,MLS#: 5030255MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Heating
    • Oil, Baseboard
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Oil Water Heater, Owned Water Heater
    Features
    • Flooring: Wood
    • Basement: Interior Stairs,Interior Access,Interior Entry
    Interior area
    • Total structure area: 6,575
    • Total interior livable area: 3,978 sqft
    • Finished area above ground: 3,978
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Dirt, Off Site, On Site, Unpaved
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Mountain(s)
    • Frontage length: Road frontage: 1122
    Lot
    • Size: 5.66 Acres
    • Features: Hilly, Views, Wooded, In Town, Mountain, Neighborhood
    Details
    • Parcel number: 49815710726
    • Zoning description: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable at Site, Propane, Telephone at Site, Phone

    Community & HOA

    Location
    • Region: Proctor

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $241,650
    • Annual tax amount: $7,151
    • Date on market: 2/25/2025
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,598/mo

    Price history

    Price history
    DateEventPrice
    2/25/2025Listed for sale$499,000$125/sqft
    Source: PrimeMLS #5030255 Report a problem
    5/30/2024Listing removed$499,000-7.4%$125/sqft
    Source: PrimeMLS #4979503 Report a problem
    12/6/2023Listed for sale$539,000+179.3%$135/sqft
    Source: PrimeMLS #4979503 Report a problem
    7/12/2010Sold$193,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $241,650
    2023-- $241,650
    2022-- $241,650 +2.6%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,883/mo
    Principal & interest
    $1935
    Property taxes
    $773
    Home insurance
    $175

      Climate risks

      Neighborhood: 05765

      Nearby schools

      GreatSchools rating

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