This Retail Property is no longer advertised on LoopNet.com.

535 Main st
Fairlee, VT 05045
Shutdown Corporate Gas Station for Sublease · Retail Property For Sale

Investment Highlights

  • Located in a growing region of Vermont with excellent highway access!
  • Median Household income is $43k!

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,400 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.65 AC
Zoning
C - Commercial

About 535 MAIN ST , FAIRLEE, VT 05045

Store Information: Store will be rebranded to Phillips 66! Fuel contract with commission structure and shared credit card fees! Jobber Contract Terms: Fixed commission: 3 cents per gallon Credit card fees: Jobber pays 70% and Buyer pays 30%. Jobber contract runs concurrently with the lease Jobber is fully responsible for fuel equipment maintenance. Store is currently unbranded and will be rebranded to Phillips 66! Lease Terms: Rent is only $1,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,700 per month. The lease offered is triple net (NNN) with a 2% annual increase, structured initially for a 5-year term with three renewal options of 5 years each—totaling up to 20 years available! Otherwise, the Buyer may choose to exit after the initial 5-year term. Buyer Responsibilities: Acquisition Fee: $30,000 First Month's Rent Security Deposit of $12,500 Inventory at cost (none because store is shutdown) Goodwill Demographic and Geographic Details: Located in a growing region of Vermont with excellent highway access! Median Household income is $43k! Close proximity to restaurants such as Jan’s Fairlee Diner, KRISPY KRUNCHY CHICKEN, Broken Hearts, Samurai Soul Food, Git Um Hooked, Food truck, Lake Morey Country Club, Lake Morey Resort, Leda's Pizza and Peyton Place Restaurant. Nearby schools like Becket School, Samuel Morey Elementary School and Rivendell Academy, which serves over 500 students and faculty, is within 5 miles. Less than 3 hours from Albany, NY! 3 hours from New Haven, CT and Montreal, Canada! Asking Price for Business-only: $15,000! Buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $12,500. If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Property Taxes

Property Taxes

Parcel Number
219-071-10153
Land Assessment
$180,000
Improvements Assessment
$528,700
Total Assessment
$708,700
  • Listing ID: 36517488

  • Date on Market: 6/27/2025

  • Last Updated:

  • Address: 535 Main st, Fairlee, VT 05045

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}