Property for sale- 176 LAKE AVE N, Phillips, WI 54555 MLS#204592

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David Eliason

david@eliasonrealty.com +1(715) 493-9141

$ 249,000

Est. payment -/mo

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Active

176 LAKE AVE N Phillips, WI 54555

6,800 SqFt

UPDATED:

11/08/2024 04:17 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $36

MLS Listing ID 204592

HOA Y/N No

Annual Tax Amount $4,187

Tax Year 2022

Lot Size 8,276 Sqft

Acres 0.18999082

Property Description

This building is located in the heart of downtown Phillips in an area of retail shops, restaurants and bars just down the road from the Phillips Chain of lakes, with direct snowmobile and ATV trail access. The building is currently leased by a local auction company and has 2 upper apartment rentals (2 BR, 1 BA and 1 BR, 1 BA). Current rents are $2,075/month and leases are month to month. Tenants pay utilities and owner pays city water and sewer charges. The building has a full basement, currently used for storage, and has approximately 5,800 square feet on the main floor. There is a display window and long counter with ample space for checkout stations. If you are looking for a prime location for your business or are looking for investment property this is worth a look.

Location

State WI

County Price

Community Display Window

Direction Downtown Phillips main street

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Mixed

Inclusions Real Estate Only, Fixtures

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature Storage

Garage Paved, Private, On Street

Community Features Display Window

Waterfront No

Water Access Desc Public

Roof Type Rubber,Rolled/Hot Mop

Road Frontage City Street

Building

Story 2

Sewer Public Sewer

Water Public

Others

Tax ID 272-100302000

Listed by RE/MAX NEW HORIZONS REALTY LLC

David Eliason

Broker Associate

+1(715) 493-9141

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