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    Phillips, ME Restaurants for Sale

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    Sandy River Plt, ME Freeman Twp, ME Strong, ME Weld, ME Kingfield, ME Carrabassett Valley, ME Rangeley, ME Temple, ME
    Commercial Opportunity in Western Maine
    Updated: Apr 9
    Commercial Opportunity in Western Maine

    2379 Rangeley Road, Phillips, ME 04966

    $899,000
    1,924 sqft 2.20 AC lot
    1,900+ SF building built in 1995 with storage and kitchen space; currently set up with a restaurant history
    622 ft of road frontage along busy Route 4 on 2.2 acres in Western Maine’s mountains
    Includes an outbuilding formerly used as a laundromat, adding flexible space for business uses
    Construction features include wood frame with wood siding; vinyl flooring; roof with shingle and metal components
    Utilities include oil heating, well water (private), and septic tank/private sewer
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Phillips, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Restaurant and Event Venue
    Restaurant and Event Venue

    184 Route 108, Rumford, ME 04276

    $499,900
    6,812 sqft 1.00 AC lot

    Restaurant, bar, and event venue with main-floor dining, commercial kitchen, and an upstairs hall for up to 100.

    View details
    Restaurant-Ready Downtown Commercial Building
    Restaurant-Ready Downtown Commercial Building

    370 Main Street, Wilton, ME 04294

    $215,000
    2,400 sqft 0.11 AC lot

    2,400 sq. ft. commercial building approved for a 50-seat restaurant, with new plumbing, updated electrical, and open layout.

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    Brick Mixed-Use Building
    Brick Mixed-Use Building

    25 Hartford Street, Rumford, ME 04276

    $1,275,000
    26,572 sqft 0.15 AC lot

    Built in 1906, the property offers two retail units and 36 apartments across 26,572 SF.

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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.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Development Lot
    Corner Commercial Development Lot

    595-597 Civic Center Drive, Augusta, ME 04330

    $875,000
    2,572 sqft 1.10 AC lot

    PD-zoned commercial land with existing buildings, public water and sewer available, and multiple approved use categories.

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    Palmyra Commercial Lot on Main
    Palmyra Commercial Lot on Main

    M5, L87-1 Main Street, Palmyra, ME 04965

    $279,000
    202,554.00 AC lot

    4.65 acre commercial lot in high-visibility location.

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    Main Street Commercial Lot
    Main Street Commercial Lot

    Palmyra, ME 04965

    $279,000

    Commercial lot with Main Street frontage in Palmyra, positioned near established businesses and shopping.

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    Augusta Land with River Views
    Augusta Land with River Views

    Arsenal Street, Augusta, ME 04330

    Contact for pricing
    0.22 AC lot

    0.22-acre lot in Augusta, KBD2 zone, with Kennebec River views.

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    Phillips, ME Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Phillips, ME on our real estate platform. These investment opportunities span a total of 1,924 square feet of properties for sale, with an estimated market value of $899,000.

    Sale prices for restaurant properties in Phillips, ME start at $899,000, averaging $899,000, and reaching up to $899,000 — 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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    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 $899K

    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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