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$325,000 | $205 per sq.ft. Commercial Property, in 456 US Route 5 S Fairlee VT | Space type MLS# 5089885



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Listed by Randy Snelling KW Coastal and Lakes & Mountains Realty/Hanover on May 20th 2026
456 US Route 5 S Fairlee VT 05045

DESCRIPTION

Home to a long-standing local restaurant that has served the Fairlee community for over 38 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.

Sale Includes : Equipment | Land/Building | Furnishings
Signage-| Adequate
Traffic Count-|
Price per SQFT | 204.53 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| N
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FEATURES AND DETAILS
CONSTRUCTION:
Wood Siding | Price Per SQ.FT. 204.53 | Year Built: 1965
No. of Units-| 1
Building Size | 1589
Basement: Concrete Floor | Crawl Space | Partial | Storage Space | Unfinished
Roof: Asphalt Shingle | Standing Seam
Road Frontage: 120
Heating: Hot Air | Mini Split
Cooling: Mini Split
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Gas On-Site
No. of Docks | 0.
No. of Drive Doors | 1589.
AC % | 100.

LAND INFORMATION
ADDITIONAL INFORMATION
Lot size: 0.28 acres
Zoned: None
Surveyed: Unk
Flood Zone: No
Road Frontage: 120
 Taxes $0  | Assesed Value $0 in
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PO Box 280 Rte 5
Ascutney, VT 05030
Telephone (802) 674-6311
(800) 542-5188
Fax (603) 674-6120
vtinfo@townandcountryrealty.com
Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 24th, 2026
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