About this home
Home to a long-standing local restaurant that has served the Fairlee community for over 38 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.
Listing last checked: Listing updated:
Listed by Randy B Snelling · KW Coastal and Lakes & Mountains Realty/Hanover · MLS #5089885
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Details at a glance
Interior2 property facts
- Heating
- Forced Air
- Basement
- Not reported
Building3 property facts
- Style
- Other
- Year built
- 1965
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.28 acres
- Water
- Public
- Pool
- Not reported
Financial1 property facts
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $325,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,643 / monthAdjust
- Principal & interest
- $1,643
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$325,000 · Jun 22, 2026
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About 456 US Route 5 S
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