Phillips, WI 54555,225 LAKE AVE N
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Phillips, WI 54555,225 LAKE AVE N
Phillips, WI 54555,225 LAKE AVE N
Phillips, WI 54555,225 LAKE AVE N
Phillips, WI 54555,225 LAKE AVE N
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Active Under Contract

225 LAKE AVE N Phillips, WI 54555

5 Beds

6 Baths

5,253 SqFt


UPDATED:

10/15/2024 08:38 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,253 sqft

Price per Sqft $49

MLS Listing ID 209431

Bedrooms 5

Full Baths 6

HOA Y/N No

Year Built 1977

Annual Tax Amount $3,506

Tax Year 2023

Lot Size 2,657 Sqft

Acres 0.060996328

Property Description

Seize the chance to own a prime commercial property situated on the busiest highway in Phillips, WI! This multi-use property features five spacious apartments?two offering stunning water views?along with a spacious storefront business space complete with a showroom, large office, break room, and bathroom. Tenants pay extra for garage space, and the four advertising slots on the building's side generate additional monthly revenue. With a high yearly income after expenses, this property is a fantastic opportunity for anyone looking to expand their investment portfolio! The new owner shall honor all existing leases and contracts as landlord until the previously agreed upon date of termination. Don?t miss out on this prime investment opportunity!

Location

State WI

County Price

Community Display Window, Sidewalks

Direction From REMAX, N on 13, property on R across from courthouse

Rooms

Other Rooms Living Quarters

Interior

Heating Baseboard, Electric, Forced Air, Natural Gas

Flooring Carpet, Laminate, Vinyl

Inclusions Real Estate Only, Other

Fireplace No

Window Features Display Window(s)

Exterior

Garage Garage, Private

Community Features Display Window, Sidewalks

Utilities Available Cable Available, High Speed Internet Connected, Phone Available

Waterfront No

View Y/N Yes

Water Access Desc Public

View Water

Roof Type Rubber

Road Frontage Highway

Garage Yes

Building

Lot Description Views

Story 2

Sewer Public Sewer

Water Public

Additional Building Living Quarters

Others

Tax ID 272-104204000

Security Features Fire Alarm


Listed by RE/MAX NEW HORIZONS REALTY LLC

David Eliason

Broker Associate

+1(715) 493-9141

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