456 US Route 5 S Active Save Request In-Person Tour Request Virtual Tour
Fairlee,VT 05045
Key Details
Property Type Commercial
Sub Type Business,Hospitality,Opportunity
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5039382
Year Built 1965
Annual Tax Amount $4,481
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Business,Hospitality,Opportunity
Property Description
Exceptional commercial property on US Route 5 South in Fairlee, offering outstanding visibility and easy access—just one minute from I-91. With an average of 3,537 vehicles per day (2022 VTrans report), this high-traffic location is ideal for capturing both local and visitor attention. Situated less than 2 miles from Lake Morey and under 6 miles from Lake Fairlee, the property lies in the heart of a vibrant four-season recreational area. Surrounded by renowned summer camps (Camp Billings, Aloha Camps, Lanakila), and close to hiking, boating, and swimming destinations, it benefits from a steady flow of seasonal and year-round activity. Currently operating as a well-established dine-in or take out pizza shop, the building offers flexible potential for conversion to retail, office, wellness, or event space. Features include 10+ paved parking spaces, dual entrances for easy lot access, a level, low-maintenance parcel, mini-splits for cooling, two half baths, and a fully equipped kitchen complete with walk-in cooler, low boy refrigerators, ovens, fryolators, hood vent, mixers and more. Fully furnished and equipped to be a restaurant or use the equipment to liquidate and get started on building your dream! This is a rare opportunity to invest in a highly adaptable property with a strong customer base and endless potential in one of Vermont's most scenic and active communities.
Location
State VT
County Vt-orange
Area Vt-Orange
Zoning None
Rooms
Basement Entrance Interior
Basement Storage Space,Unfinished
Interior
Cooling Mini Split
Inclusions Equipment,Land/Building
Exterior
Parking Features On-Site,Parking Spaces 1 - 10,Parking Spaces 5 - 10,Parking Spaces 6+,Paved,Unassigned
Garage Description On-Site,Parking Spaces 1 - 10,Parking Spaces 5 - 10,Parking Spaces 6+,Paved,Unassigned
Utilities Available Gas - LP/Bottle
Waterfront Description No
View Y/N No
View No
Roof Type Shingle - Asphalt,Standing Seam
Building
Foundation Concrete
Sewer 1500+ Gallon,Leach Field,Private