4 Sawyer St Phillips, ME 04966
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.