456 US Route 5 S Fairlee, VT $ 325,000
456 US Route 5 S
$ 325,000
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456 US Route 5 S

Fairlee, VT, 05045
$ 325,000
Bedrooms-- Baths-- Sq 1,589

Monthly Estimate*

$ 2,001

Listed by Randy Snelling, KW Coastal and Lakes & Mountains Realty/Hanover, 603-359-0583, rsnelling@kw.com
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Commercial Property for sale in Fairlee, VT

for $325,000. This 1,589 square foot building was built in 1965 on a lot size of 0.28.

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.

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 0

Style

Business,Hospitality,Restaurant

Lot Size

0.28

Year Built

1965

Town/City

Fairlee

County/Region

Orange

MLS | Web ID

5089885

Features
Interior
Basement Description Concrete Floor Crawl Space Partial Storage Space Unfinished
Basement Yes
Total Number of Units 1
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General
Road Frontage Yes
Sewer 1500+ Gallon Leach Field Private
Heating Hot Air Mini Split
Cooling Mini Split
Utilities Gas On-Site
Roof Asphalt Shingle Standing Seam
current use No
Flood Zone No
Zoning None
Exclusions Business Name Not for Sale
Year Built 1965
Electric 200+ Amp Service Circuit Breaker(s)
Business Type Business Hospitality Restaurant
Accessibility Features 1st Floor 1/2 Bathroom Access to Parking Paved Parking
Tax Year 2025
Status Detail 0
Covenants No
Construction Materials Wood Siding
Directions GPS will give you the most accurate directions. Currently known as Leda's Pizza . Business Name not for sale.
City Fairlee
Seasonal No
DOM 0
Price Per Sq Ft Total AG 204.53
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Exterior
Lot 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
Waterfront Property No
Water Body Access No
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* Excluded Features
List By
Randy Snelling

Listing Agent

Kw Coastal And Lakes & Mountains Realty/Hanover

Broker

(603) 359-0583

Phone

rsnelling@kw.com

Email

Affordability Calculator

$2,001
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$325,000 Listed Price

Map


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456 US Route 5 S, Fairlee, VT, 05045 is a Commercial Property for sale at $325,000 with 1,589 sqft and a lot size of 0.28. 456 US Route 5 S was built in 1965. The property's zip code is 05045 which is in Fairlee, VT