Building Details

Year Built 1965

Listing Agency: KW Coastal and Lakes & Mountains Realty/Hanover

Listed By: Randy B Snelling Show Phone

Source: Langelange

Added: Oct 22 Changed: Oct 24 Last Checked: Oct 2 at 8:20PM

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Investment Insights

Based on property information with market context.

This restaurant property is configured for dine-in and takeout service and includes a commercial kitchen with ovens, fryolators, mixers, hood vent systems, a walk-in cooler, and refrigerators. The building dates to 1965 and also has dual entrances, two half baths, and mini-split cooling. The level lot includes more than 10 paved parking spaces.

The property fronts US Route 5 and is minutes from Interstate 91. Lake Morey, Lake Fairlee, local summer camps, and the Connecticut River are among the nearby destinations. The property has served the Fairlee community as a restaurant for over 38 years. Residential or mixed-use conversion may be considered, subject to approval.

Key Highlights

• Commercial kitchen includes ovens, fryolators, mixers, hood vent systems, a walk‑in cooler, and refrigerators
• Operating dine‑in and takeout restaurant
• Located directly on US Route 5, minutes from Interstate 91

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

79

Businesses Nearby

6k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

3,721 visits/mo 0.3 miles

Sunoco Shops & Services

2,034 visits/mo 0.4 miles

Demographics for 05045, VT

1,686

Population

1,034

Households

1.6

Avg Household Size

51

Median Age

55%

College-Educated

96%

High-School Grad

43.1 sq mi

ZIP Area

39

Density / Sq Mi

$73,889

Median Household Income

$49,250

Median Earnings

$1,125

Median Rent

$265,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating dine-in and takeout restaurant with installed commercial cooking and refrigeration equipment.

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: Commercial kitchen includes ovens, fryolators, mixers, hood vent systems, a walk‑in cooler, and refrigerators; Operating dine‑in and takeout restaurant; Located directly on US Route 5, minutes from Interstate 91