456 US Route 5 S
Fairlee, VT, 05045 $ 330,000
Bedrooms-- Baths-- Sq 1,589 Monthly Estimate*
$ 2,059
Listed by Holly Hall, Hall Collins Real Estate Group, 802-242-5500, holly.hall@hallcollins.com
for $330,000. This 1,589 square foot building was built in 1965 on a lot size of 0.28.
Exceptional commercial property on US Route 5 South in Fairlee, offering outstanding visibility and easy accessâjust one minute from I-91. With an average of 3,537 vehicles per day (2022 VTrans report), this high-traffic location is ideal for capturing both local and visitor attention. Situated less than 2 miles from Lake Morey and under 6 miles from Lake Fairlee, the property lies in the heart of a vibrant four-season recreational area. Surrounded by renowned summer camps (Camp Billings, Aloha Camps, Lanakila), and close to hiking, boating, and swimming destinations, it benefits from a steady flow of seasonal and year-round activity. Currently operating as a well-established dine-in or take out pizza shop, the building offers flexible potential for conversion to retail, office, wellness, or event space. Features include 10+ paved parking spaces, dual entrances for easy lot access, a level, low-maintenance parcel, mini-splits for cooling, two half baths, and a fully equipped kitchen complete with walk-in cooler, low boy refrigerators, ovens, fryolators, hood vent, mixers and more. Fully furnished and equipped to be a restaurant or use the equipment to liquidate and get started on building your dream! This is a rare opportunity to invest in a highly adaptable property with a strong customer base and endless potential in one of Vermontâs most scenic and active communities.
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Commercial ActiveBusiness,Hospitality,Opportunity
FeaturesInteriorBasement Description Storage Space Unfinished
Basement Yes
Total Number of Units 1
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GeneralRoad Frontage Yes
Sewer 1500+ Gallon Leach Field Private
Heating Hot Air Mini Split
Cooling Mini Split
Utilities Propane
Roof Asphalt Shingle Standing Seam
Flood Zone No
Zoning None
Exclusions Name is not for sale. All equipment and furniture will be included.
Year Built 1965
Electric 200+ Amp Service Circuit Breaker(s)
Business Type Business Hospitality Opportunity
Accessibility Features 1st Floor 1/2 Bathroom Access to Parking Paved Parking
Tax Year 2024
Status Detail 0
Covenants No
Construction Materials Wood Siding
Directions GPS will give you the most accurate directions. Currently known as Leda's Pizza . Name is not for sale.
City Fairlee
DOM 221
Price Per Sq Ft Total AG 207.68
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ExteriorLot Features Landscaped Level Neighbor Business Open Near Hospital
Water View No
Lot Size Area 0.28
Water Source Public Water On-Site
Parking Features On-Site Parking Spaces 1 - 10 Parking Spaces 5 - 10 Parking Spaces 6+ Paved Unassigned
Foundation Concrete
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* Excluded FeaturesList ByHall Collins Real Estate GroupBroker
holly.hall@hallcollins.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,059
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Fairlee, VT
Average List Price $330,000
Percent of Sale Price 0%
About Fairlee, VT 957 Population
-2% Since 2002
$ 64,712 Median Income
49.32 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2025 | $330,000 | | Listed Price |