Home to a long-standing local restaurant that has served the Fairlee community for over 30 years, this highly visible commercial property is located directly on Route 5, just minutes from Interstate 91 and nearby Lake Morey. Currently operating as a dine-in and takeout restaurant, the property is set up with a commercial kitchen that includes ovens, fryolators, mixers, hood vent systems, a walk-in cooler, refrigerators, and more. Additional features include over 10 paved parking spaces, dual entrances, mini-splits for cooling, two half baths, and a level lot with excellent roadside visibility. Located near Lake Morey, Lake Fairlee, local summer camps, the Connecticut River, and the New Hampshire border, the property benefits from steady traffic from both locals and visitors throughout much of the year. There may also be potential for residential or mixed-use conversion pending approval. A unique opportunity in a well-traveled location with strong community presence and a variety of future possibilities. Come see what this property has to offer you.

More Info

Tax Information

Tax Year2025

Building

Year Built1965
ConstructionWood Siding
NumberOfUnitsInCommunity1
FoundationConcrete
Square Feet1,589
BasementConcrete Floor, Crawl Space, Partial, Storage Space, Unfinished
Rail Available Y/NNo

Exterior

RoofAsphalt Shingle, Standing Seam

Amenities

Accessibility Amenities1st Floor 1/2 Bathroom, Access to Parking, Paved Parking
PricePerSqFt204.53

Basic Information

StatusACT
Modification Date05/20/2026
TypeBusiness, Hospitality, Restaurant
List Price$325,000
Broker NameKW Coastal and Lakes & Mountains Realty/Hanover
Listing Agent NameRandy Snelling
Lister Office NameKW Coastal and Lakes & Mountains Realty/Hanover
MLS Number5089885
MLS StatusActive

Utilities

Heating CoolingHot Air, Mini Split

Legal

OtherStructuresEquipment, Furnishings, Land/Building
ZoningNone
Excluded From SaleBusiness Name Not for Sale

Location

Building Number456
StreetUs Route 5 S
TownFairlee
StateVT
Zip05045
CountyOrange
Address456 Us Route 5 S

Property

Acreage0.28
Parking Spaces
Property TypeCommercial Sale
AreaVT-Orange
Lot Sqft12,197
Road Frontage120
Traffic Count3537

Other

AC percent100
Date Listed05/20/2026

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 28, 2026 4:54 PM EDT

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456 Us Route 5 SFairlee, VT 05045MLS Number 5089885

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