About this home
Unique in-town opportunity at 71 Main Street in Phillips, offering the character of a historic Maine home with added flexibility for future residential or commercial use. Set in a visible Main Street location with water frontage, this property offers a distinctive setting for buyers seeking a primary residence, investment property, professional space, boutique hospitality concept, or possible wedding/event venue, subject to town approval, zoning, permitting, and any required licensing. The spacious grounds and convenient village setting may support a variety of creative uses, including outdoor gatherings, small events, business operations, lodging-related concepts, studio/gallery space, or mixed residential-commercial use, subject to all applicable approvals. The property also carries local historic interest, as the Phillips and Rangeley Railroad (P&R) originally had a station at this property, connecting it to Phillips' well-known railroad heritage and adding a memorable story for future owners, guests, or customers. Bring your vision to this rare Main Street property with residential comfort, commercial possibility, water frontage, and a piece of Phillips history. Buyers are encouraged to verify permitted uses, waterfront details, property history, and development requirements with the town and appropriate authorities.
Listing last checked: Listing updated:
Listed by Listing Agent · Morton & Furbish Agency · MLS #1677041
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Details at a glance
Interior5 property facts
- Rooms
- 10
- Heating
- Oil, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Carpet, Vinyl
- Fireplaces
- 0
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1880
- Garage
- 4
- Foundation
- Block
- Roof
- Metal
Land & utilities5 property facts
- Lot size
- 1.66 acres
- Water
- Public
- Sewer
- Private Sewer
- Waterfront
- Y
- Zoning
- Shoreland & Village
Financial2 property facts
- Annual taxes
- $5,617
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $649,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,750 / monthAdjust
- Principal & interest
- $3,282
- Property tax
- $468
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,617. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 71 Main Street
Can I request a private showing?
Request a tour of 71 Main Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

