456 US Route 5 S Fairlee, VT 05045

Building Details

Year Built

1965

Listing office keller williams coastal realty r***@kw.com Show Phone

Listing date May 21, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This commercial property, which has housed a local restaurant for over 30 years, is situated directly on Route 5, a few minutes from Interstate 91 and Lake Morey. The property is currently configured as a dine-in and takeout restaurant, featuring a commercial kitchen equipped with ovens, fryolators, mixers, hood vent systems, a walk-in cooler, and refrigerators. The property includes over 10 paved parking spaces, dual entrances, mini-splits for cooling, and two half baths. The lot is level and offers roadside visibility. Located near Lake Morey, Lake Fairlee, local summer camps, the Connecticut River, and the New Hampshire border, the property benefits from traffic from locals and visitors. There may also be potential for residential or mixed-use conversion pending approval. The property has a bike score of 35, indicating it is somewhat bikeable, and a walk score of 17, indicating car dependence.

Key Highlights

• Established restaurant location with 30+ year history.
• High‑visibility location directly on Route 5, minutes from I‑91 and Lake Morey.
• Fully equipped commercial kitchen with ovens, fryolators, mixers, hood vent systems, walk‑in cooler, and refrigerators.

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FAQs

What type of property is this?

Conventional restaurant - Commercial restaurant property with high visibility and potential for conversion.

Where is this conventional restaurant located?

The property is located at 456 US Route 5 S Fairlee, VT.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Established restaurant location with 30+ year history.; High‑visibility location directly on Route 5, minutes from I‑91 and Lake Morey.; Fully equipped commercial kitchen with ovens, fryolators, mixers, hood vent systems, walk‑in cooler, and refrigerators.