456 US Route 5 S Fairlee, VT
$325,000
Acres 0.28
Description
Home to a long-standing local restaurant that has served the Fairlee community for over 30 years, this highly visible commercial property is located directly on Route 5, just minutes from Interstate 91 and nearby Lake Morey. Currently operating as a dine-in and takeout restaurant, the property is set up with a commercial kitchen that includes ovens, fryolators, mixers, hood vent systems, a walk-in cooler, refrigerators, and more. Additional features include over 10 paved parking spaces, dual entrances, mini-splits for cooling, two half baths, and a level lot with excellent roadside visibility. Located near Lake Morey, Lake Fairlee, local summer camps, the Connecticut River, and the New Hampshire border, the property benefits from steady traffic from both locals and visitors throughout much of the year. There may also be potential for residential or mixed-use conversion pending approval. A unique opportunity in a well-traveled location with strong community presence and a variety of future possibilities. Come see what this property has to offer you.
Listed by KW Coastal and Lakes & Mountains Realty/Hanover, Randy Snelling 603-610-8500
Details
MLS 5089885
Price $325,000
Status Active
DOM 117 days
Type Commercial
Lot Size 0.28 acres
Year Built 1965
Lot & Building Features
Utilities Gas On-Site
Construction Wood Siding
Cooling Mini Split
Heating Mini Split, Hot Air
Parking Description Parking Spaces 5 - 10, Unassigned, Parking Spaces 1 - 10, Parking Spaces 6+, Paved, On-Site
Sewer 1500+ Gallon, Leach Field, Private
Tax Year 2025
Water Public Water On-Site
Basement Description Partial, Crawl Space, Storage Space, Unfinished, Concrete Floor
Foundation Concrete
Lot Description Neighbor Business, Near Hospital, Open, Landscaped, Level
Roof Standing Seam, Asphalt Shingle
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Financing
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6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

