Commercial Sale at 456 US Route 5 S, Fairlee
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$325,000

456 US Route 5 S
Fairlee, VT 05045
Listed by Randy B Snelling · KW Coastal and Lakes & Mountains Realty/Hanover
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1965

About this home

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.

Property details

MLS #
5089885
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
84
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Piermont Village School
6.01 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
55
Student:teacher ratio
6.9:1
District
Piermont School District
Middle
None found nearby
High
None found nearby

Mortgage calculator

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Est. monthly payment
$2,107/mo
$65,000 down
$260,000 loan
Principal & interest$1,686
Property tax (est.)$271
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 06/08/26.