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Restaurant with Commercial Kitchen
For Sale
$325,000

456 US Route 5 S, Fairlee, VT 05045

Commercial Sale, Fairlee, VT

Property SizeContact for details
Lot Size0.28 Acres
Days on Market95

Property Features for 456 US Route 5 S

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Assigned
Lot features Landscaped, Level, Neighbor Business, Open, Near Hospital
Directions GPS will give you the most accurate directions. Currently known as "Leda's Pizza". Business Name not for sale.
Standard status Active
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Heating system Ductless (Heating)
Cooling system Ductless, Zoned
Water source Public

Amenities

dual entrances
mini-splits
two half baths

Building Details

Year built 1965
Building materials Wood Siding
Roof type Shingle
Listing Agency: KW Coastal and Lakes & Mountains Realty/Hanover · Keller Williams Realty
Listed By: Randy Snelling
Added: May 20 Changed: Aug 20 Last Checked: Aug 22 at 1:06PM
MLS# 5089885

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This operating restaurant combines dine-in and takeout service with a commercial kitchen and supporting customer areas. Equipment includes ovens, fryolators, mixers, hood vent systems, a walk-in cooler, and refrigerators. The property also has dual entrances, two half baths, ductless mini-split heating and cooling, and a basement. Built in 1965, the building sits on a 0.28-acre lot with wood siding, a shingle roof, and public water service.

The property fronts US Route 5 in Fairlee, near Interstate 91, Lake Morey, Lake Fairlee, local summer camps, the Connecticut River, and the New Hampshire border. More than 10 paved parking spaces serve the site. Residential or mixed-use conversion may be possible subject to approval.

Key Highlights

  • Operating dine‑in and takeout restaurant with more than 38 years of local service
  • Commercial kitchen includes ovens, fryolators, mixers, hood vent systems, walk‑in cooler, and refrigerators
  • More than 10 paved parking spaces on a 0.28‑acre lot

Property Analytics

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Long-standing dine-in and takeout operation with equipped food-preparation space, paved parking, and dual entrances.
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: Operating dine‑in and takeout restaurant with more than 38 years of local service; Commercial kitchen includes ovens, fryolators, mixers, hood vent systems, walk‑in cooler, and refrigerators; More than 10 paved parking spaces on a 0.28‑acre lot
More about this property
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