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Leda's Pizza 456 US-5 1,589 SF Retail Building Fairlee, VT 05045 $460,654 CAD ($289.90 CAD/SF)
INVESTMENT HIGHLIGHTS
- Major Road Frontage
- Current Restaurant, all equipment included
- Zoned Commercially - multiple use options
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,589 SF
Building Class
B
Year Built
1965
Price
$460,654 CAD
Price Per SF
$289.90 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.28 AC
Zoning
No Zoning
Frontage
130’ on U.S. 5
PROPERTY TAXES
| Parcel Number | 219-071-10025 | Improvements Assessment | $208,273 CAD |
| Land Assessment | $130,294 CAD | Total Assessment | $338,567 CAD |
PROPERTY TAXES
Parcel Number
219-071-10025
Land Assessment
$130,294 CAD
Improvements Assessment
$208,273 CAD
Total Assessment
$338,567 CAD
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Leda's Pizza | 456 US-5
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