25 & 31 North Street, Proctor, VT, 05765
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1880
Materials
- Foundation: Concrete
- Roof: Metal
- Construction materials: Wood Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Oil Water Heater,Owned Water Heater
Basement
- Has basement: Yes
- Basement: Interior Stairs,Interior Access,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 3
Features
- Flooring: Wood
- Finished area below ground: 0
- Finished area above ground: 3,978
Heating & Cooling
- Heating features: Oil,Baseboard
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 6,575
- Total interior livable area: 3,978 sqft
Property
Details
- Zoning description: Commercial
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s),Water
- Water view: Water
- Waterfront features: Pond,Pond Frontage,Pond Site,Waterfront
- Frontage length: Road frontage: 1698
Lot
- Lot size: 16.78 Acres
- Features: Hilly,Landscaped,Sloped,Steep Slope,Views,Wooded,In Town,Mountain,Neighborhood
Parking
- Parking features: Dirt,Off Site,On Site,Unpaved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance | $275 | $3,300 |
| Property Taxes | $823 | $9,876 |
| Electricity | $506 | $6,072 |
| Total | $4,632 | $55,584 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-02-25 | Listed for sale | $599,000 |
View on Zillow