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    4 Sawyer St Phillips, ME 04966

    For Sale
    $127,000

    Iconic Landmark, Endless Potential, 2722 sq ft

    Property size:
    2,722 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    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 Features for 4 Sawyer St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,722 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1835
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Pharmacy Wholesale Shop Auto Parts Store Hotel & Motel Grocery Store Convenience Store Furniture Store Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phillips
    County
    Franklin
    State
    Maine
    Longitude
    -70.33934
    Latitude
    44.82334

    Nearby Comparable

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      Main Street Commercial Building

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      Land with Mountain Views

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      Rural Land with Mountain Views

      8.5 acre lot in Madrid Twp with mountain views.
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    Nearby Similar for Sale

    • $239,900
      9,400 SF

      Versatile Commercial Building on Main Street

      Large industrial/retail building with additional storage in historic Phillips, ME.
      10 Main St, Phillips, ME 04966
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    • $239,900
      9,400 SF

      Main Street Commercial Building

      Large Industrial Space, High Visibility
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      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Iconic Landmark, Endless Potential, 2722 sq ft
    Where is this commercial real estate located?
    The property is located at 4 Sawyer St Phillips, ME.
    What is the asking price?
    The asking price for this property is $127,000.
    (877) 249-5478
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Sawyer St Phillips, ME 04966
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