Property profile

4 Sawyer St Phillips, ME 04966

OFF-MARKET
Commercial real estate
2,722 SF 0.12 ac lot Built 1835
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Property summary

AI-generated overview

This stunning 2,722 square foot commercial building, situated on a 0.12-acre lot at 4 Sawyer Street in Phillips, Maine, presents a unique investment opportunity. Constructed in 1835, this historic landmark is deeply ingrained in the town's identity, frequently serving as its visual symbol. The property boasts a wealth of original features, including a functional bell, pews, an antique lectern, two organs, and a piano, all adding to its unique character and charm. Recent upgrades include the installation of new windows and doors, fresh paint throughout, a new furnace, and a replacement oil tank, ensuring both historical preservation and modern functionality. Its prime location, just 15 minutes from Farmington and 25 minutes from Rangeley, offers excellent accessibility. Accepted onto the National Register of Historic Places in 1989, this property's rich history and versatile layout offer countless commercial possibilities. Imagine hosting weddings, events, performances, or establishing an auction house, retail space, or any number of other ventures within these historic walls. The possibilities are as limitless as the building's charm. Priced at $127,000, this is a rare chance to own a piece of Maine history and capitalize on its immense potential.

Property profile

Verified
Property type Commercial real estate
Year built 1835
Total area 2,722 SF
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4 Sawyer St Phillips, ME 04966
Phillips metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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