Restaurants

Phillips, ME Restaurants for Sale

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Avon, ME Strong, ME Sandy River Plt, ME Freeman Twp, ME Weld, ME Kingfield, ME Carrabassett Valley, ME Rangeley, ME
Restaurant Property with Outbuilding
Updated: Jul 7
Restaurant Property with Outbuilding

2379 Rangeley Road, Phillips, ME 04966

$699,000
1,924 sqft 2.20 AC lot
1,924‑square‑foot building constructed in 1995
2.2‑acre commercial property with 622 feet of road frontage
Main building includes kitchen space, storage, and a basement
Separate outbuilding formerly operated as a laundromat
Located along Route 4 in Phillips, 15–20 minutes south of Rangeley
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Freestanding Restaurant with Outbuilding
Updated: Jul 30
Freestanding Restaurant with Outbuilding

2379 Rangeley Rd, Phillips, ME 04966

$699,000
1,924 sqft 2.20 AC lot
2.2‑acre property with 622 feet of road frontage on Route 4
1,924‑square‑foot building constructed in 1995
Existing restaurant building includes kitchen space
Additional storage and a separate outbuilding are included
Outbuilding formerly operated as a laundromat
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Phillips, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bar Property with Apartment
Bar Property with Apartment

1255 Roxbury Notch Road, Roxbury, ME 04275

$739,000
3,458 sqft 0.83 AC lot

Operating bar with an unused commercial kitchen, outdoor barbecue area, and an upstairs apartment requiring renovation.

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Bar Property with Apartment
Bar Property with Apartment

1255 Roxbury Notch Rd, Roxbury, ME 04275

$739,000
3,458 sqft

Operating bar features a new kitchen, walk-in cooler, and outdoor barbecue area.

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Convenience Store with Food Service
Convenience Store with Food Service

1339 Main St, Wilton, ME 04294

$289,000
800 sqft

Established in-town retail property offering prepared food, beverages, and included operating equipment.

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Corner Retail Restaurant Building
Corner Retail Restaurant Building

740 Main Street, Wilton, ME 04294

Contact for pricing

Turn-key corner building with updated kitchen, and included equipment, suited for restaurant or convenience store use.

View details

Phillips, ME Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Phillips, ME on our real estate platform. These investment opportunities span a total of 3,848 square feet of properties for sale, with an estimated market value of $1,398,000.

Sale prices for restaurant properties in Phillips, ME average $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Bars & Pubs 1

Demographics Overview

Population 1,681
Population Growth (5Y) -2.2%
Median Household Income $45,917
College Educated 25.2%

High-Yield Neighborhoods for Investment

Identify Phillips submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04966 $699K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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