Building Details

Building Size 1,924 SF

Year Built 1995

Stories 1

Listing Agency: Keller Williams Realty k***@kw.com Show Phone

Listed By: Elizabeth Walker-Feeney · License #BR915549 Show Phone

Source: Amerorealty

Added: Apr 8 Changed: Oct 31 Last Checked: Nov 6 at 2:30AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This restaurant property includes a 1,924-square-foot building constructed in 1995, with kitchen space and additional storage. A separate outbuilding is also part of the property. The site encompasses 2.2 acres and carries Commercial zoning.

Located on Route 4 in Phillips, the property has 622 feet of road frontage. Rangeley is 15–20 minutes to the north. The existing restaurant is intended to continue under new ownership.

Key Highlights

• 1,924‑square‑foot building constructed in 1995
• 2.2‑acre site with Commercial zoning
• 622 feet of frontage on Route 4

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Bear Belly's Tap ... Restaurant

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04966, ME

1,527

Population

1,205

Households

1.3

Avg Household Size

51

Median Age

21%

College-Educated

90%

High-School Grad

237.8 sq mi

ZIP Area

6

Density / Sq Mi

$45,917

Median Household Income

$32,500

Median Earnings

$430

Median Rent

$156,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - A kitchen-equipped building with storage and a separate outbuilding serves the existing restaurant use.

Where is this conventional restaurant located?

The property is located at 2379 Rangeley Road Phillips, ME.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: 1,924‑square‑foot building constructed in 1995; 2.2‑acre site with Commercial zoning; 622 feet of frontage on Route 4