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$330,000
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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.
Full Property Details
Full Property Details for 456 US Route 5 S
General
- Price: $330,000
- Taxes: $4,481 (2024)
- Status: Active
- Type: Commercial
- Source: PrimeMLS
- MLS ID: 5039382
- Updated: 11/26/2025
- Added to Site: 305 day(s) ago
Parking
- Parking: On-Site, Parking Spaces 1 - 10, Parking Spaces 5 - 10, Parking Spaces 6+, Paved, Unassigned
Location
- County: Orange
- Driving Directions: GPS will give you the most accurate directions. Currently known as "Leda's Pizza". Name is not for sale.
Heating & Cooling
- Cooling Type: Mini Split
- Heating Type: Hot Air, Mini Split
Utilities
- Sewer: 1500+ Gallon, Leach Field, Private
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Storage Space, Unfinished
- Roof: Asphalt Shingles, Standing Seam
- Square Feet: 1,589
- Year Built: 1965
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Frontage: Yes Road Frontage
- Frontage Feet: 120
- Zoning: None
Financial Considerations
- Price Per Sq. Ft.: $207.68
- Tax Amount: $4,481.95
- Tax Year: 2024
Timeshare
- Fractional Own: Adequate
Disclosures and Reports
- APN: 219-071-10025
Listed by Hall Collins Real Estate Group, Holly Hall and Hall Collins Real Estate Group, Franchesca Collins
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Schools
Schools serving 456 US Route 5 S
School District:Rivendell Interstate School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 456 US Route 5 S
Date
Details
Price
Change
Source
5/05/2025
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 456 US Route 5 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$240,100
—
2023
100%
$240,100
25%
2022
100%
$191,400
—
2021
-100%
$191,400
—
2019
$4,194
7%
$191,400
—
2018
$3,917
3%
$191,400
—
2017
$3,800
-2%
$191,400
—
2016
$3,878
1%
$191,400
—
2015
$3,844
1109%
$191,400
—
2011
$318
—
$191,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 456 US Route 5 S
456 US Route 5 S, Fairlee, VT 05045 (MLS# 5039382) is a Commercial property. 456 US Route 5 S is currently listed for $330,000 and was received on May 05, 2025. Want to learn more about 456 US Route 5 S? Do you have questions about finding other Commercial real estate for sale in Fairlee? You can browse all Fairlee real estate or contact a Coldwell Banker agent to request more information.
