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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 Market171

Property Features for 456 US Route 5 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial Zoning, Residential
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

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2025

Utilities

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

Amenities

dual entrances
mini-splits for cooling
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: Nov 6 Last Checked: Nov 6 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.

Rey
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Investment Insights

Based on property information with market context.

This restaurant property is configured for both dine-in and takeout operations, with a commercial kitchen outfitted with ovens, fryolators, mixers, hood ventilation, a walk-in cooler, and refrigerators. The 0.28-acre parcel includes more than 10 paved parking spaces, two entrances, two half baths, and ductless heating and cooling. The building was constructed in 1965 and has a basement.

The property fronts US Route 5 and is minutes from Interstate 91. Lake Morey, Lake Fairlee, summer camps, and the Connecticut River are among the nearby destinations; the New Hampshire border is also close. Residential or mixed-use conversion may be considered subject to approval.

Key Highlights

  • Restaurant configured for dine‑in and takeout
  • Commercial kitchen includes ovens, fryolators, mixers, hood vent systems, a walk‑in cooler, and refrigerators
  • 0.28‑acre level lot with over 10 paved parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Set up for dine-in and takeout service on a level roadside parcel.
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: Restaurant configured for dine‑in and takeout; Commercial kitchen includes ovens, fryolators, mixers, hood vent systems, a walk‑in cooler, and refrigerators; 0.28‑acre level lot with over 10 paved parking spaces
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