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    195/197 Lake Ave N Phillips, WI 54555

    For Sale
    $100,000

    COMMERCIAL - Phillips, WI

    Type:Office
    Lot size:
    0.11 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 195/197 Lake Ave N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    272-104210000
    Parking features
    On Street
    Interior features
    Storage
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1894
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Wood, Mixed
    Building materials
    Brick, Masonry
    Roof type
    Rubber
    Additional Structures
    Storage

    RE/MAX New Horizons Realty, LLC. (866) 386-6818 [email protected]

    Listing agent JODY DELASKY (715) 339-6818 License #52493 - 90

    Listing date Jul 9, 2025

    MLS# 211071 Listing URL

    Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building with Living Quarters

    Constructed in 1894, this two-story brick building, originally the John R. Davis Lumber Company, has a rich history, having served as A.O. Johnson & Sons and a hardware store for almost a century. The building retains its original wood floors and includes a secure vault. The second floor features a four-bedroom, two-bathroom living space. With renovations, this area offers the potential to combine residential living with a commercial location. The property, situated on a 0.11-acre lot, presents retail, rental, or investment possibilities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Robin's Custom Arrangements LLC

    Location Insight

    • Map
    • Local Demand
    City
    Phillips
    County
    Price
    State
    Wisconsin
    Longitude
    -90.39716534
    Latitude
    45.6904581

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    FAQs

    What type of property is this?
    Storefront property - Unique commercial building with residential space in Phillips, Wisconsin.
    Where is this storefront property located?
    The property is located at 195/197 Lake Ave N Phillips, WI.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Prime commercial location with residential living potential.; - Historic 2-story brick building with original wood floors.; - Spacious second-floor living quarters featuring 4 bedrooms and 2 bathrooms.
    (715) 339-6818
    Request Owner's contact information
    195/197 Lake Ave N Phillips, WI 54555
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    195/197 Lake Ave N Phillips, WI 54555
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