Exceptional commercial property on US Route 5 South in Fairlee, offering outstanding visibility and easy accessjust 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.
MLS # | 5039382 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | (10) Active - Active |
Year | 1965 |
Days On Site | 74 |
Listing Provided By | Hall Collins Real Estate Group | Holly Hall |
Basement | Y |
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Units | 1 |
Zoning | None |
Acreage | 0.28 |
Cooling | Mini Split |
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Heating | Hot Air, Mini Split |
Roof | Shingle - Asphalt, Standing Seam |
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Construction Materials | Wood Siding |
Foundation Details | Concrete |
Lot Features | Landscaped, Level, Neighbor Business, Open Lot, Near Hospital |
Accessibility Features | 1st Floor 1/2 Bathroom, Access Parking, Paved Parking |
Parking Features | On-Site, Parking Spaces 1 - 10, Parking Spaces 5 - 10, Paved, Parking Spaces 6+, Unassigned |
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Utilities | Gas - LP/Bottle |
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Electric | 200+ Amp Service, Circuit Breakers |
Sewer | 1500+ Gallon, Leach Field, Private Sewer |
Tax Annual Amount | 4481.95 |
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Tax Year | 2024 |
State | VT |
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County | Orange |
City | Fairlee |
Zip Code | 05045 |
Area | VT Orange |