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    951 Main St Fairfax, VT 05454

    For Sale
    $675,000

    Restaurant property with 110 seats and ample parking.

    Property size:
    3,000 SF
    Lot size:
    1.94 Acres

    Property Features for 951 Main St

    General Information

    Size
    3,000 SF
    Lot size
    1.94 Acres

    Source: NAI J.L Davis Realty Agent Rick Harrison

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Opportunity Near Routes 104/128

    Located near the intersection of Routes 104 and 128, this property offers excellent visibility and great signage. Formerly Erica’s Restaurant, the property is licensed for 110 seats and includes over 45 parking spaces. The property size is 3000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Auto Parts Store Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.0074806
    Latitude
    44.6543127

    Nearby Similar for Sale

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    • $950,000

      New Industrial Building at Morse Park

      Newly constructed industrial building with flex space and open shop.
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    FAQs

    What type of property is this?
    Restaurant - Restaurant property with 110 seats and ample parking.
    Where is this restaurant located?
    The property is located at 951 Main St Fairfax, VT.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Licensed for 110 Seats; - 45+ Parking Spaces available; - Excellent Visibility
    (802) 876-6923
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    951 Main St Fairfax, VT 05454
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    Fairfax, VT 05454
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    951 Main St Fairfax, VT 05454
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