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176 Lake Ave N

Phillips, WI 54555
  • $249,000
  • STATUS: Active
  • ON SITE: 223 Days
  • MLS #: 204592
UPDATED: 158 min ago
$249,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,800
    SQFT
  • $37
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

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 $1,825/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 5,800 square feet on the main floor. There is a display window and long counter with ample space for checkouts stations. If you are looking for a prime location for your business or are looking for investment property this is worth a look.

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© 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2024-06-18T15:07:37.04.
www.dreamnorthre.com/homes/145076398
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176 Lake Ave N Phillips, WI 54555

  • Price: $249,000
  • Status: Active
  • On Site: 223 Days
  • Updated: 158 min ago
  • MLS #: 204592
0
Beds
0
Baths
0
½ Baths
0.19
Acres
6,800
SQFT
$37
$/SQFT
County:
Price
Area:
Phillips
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 $1,825/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 5,800 square feet on the main floor. There is a display window and long counter with ample space for checkouts stations. If you are looking for a prime location for your business or are looking for investment property this is worth a look.
Exterior Features

Attached Garage YN No Construction Materials Brick Masonry Concrete Vinyl Siding Exterior Features Storage Parking Features Paved Private On Street Roof Rubber Rolled Hot Mop Window Features Display Windows

Interior Features

Cooling Central Air Cooling YN Yes Electric Circuit Breakers Flooring Mixed Heating Forced Air Natural Gas Heating YN Yes Interior Features Storage

Property Features

Building Features Delivery Door Community Features Display Window Inclusions Real Estate Only Fixtures Lease Term Month To Month Ownership Type Fee Simple Property Sub Type Office Property Sub Type Additional Office Retail Public Survey Range 01 E Public Survey Section 18 Public Survey Township 37 Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 4187 Tax Year 2022 Tenant Pays All Utilities Township PR Phillips City Water Source Public Waterfront YN No

Listing information © 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Jody Delasky of RE/MAX NEW HORIZONS REALTY LLC: (866) 386-6818.



© 2024 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2024-06-18T15:07:37.04.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548