Historic Mixed-Use Brick
For Sale
$100,000
195/197 LAKE AVE N, Phillips, WI 54555
CommercialSale, Phillips, WI
Property SizeContact for details
Lot Size0.11 Acres
Days on Market532
Property Features for 195/197 LAKE AVE N
General Information
Property type
Commercial Sale
Property subtype
Office
Bedrooms
4
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
Parking features
On Street
Interior features
Storage
Directions
This property is located in downtown Phillips on the E side of the road.
Standard status
Active
APN
272-104210000
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PARK ADDITION TO PHILLIPS S 1/2 OF LOT 12 BLOCK A and PARK ADDITION TO PHILLIPS N 1/2 OF LOT 13 BLOCK A. TAX ID 25263 and 25264.
Tax Annual Amount
1774
Legal Description
PARK ADDITION TO PHILLIPS S 1/2 OF LOT 12 BLOCK A and PARK ADDITION TO PHILLIPS N 1/2 OF LOT 13 BLOCK A. TAX ID 25263 and 25264.
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
Listing Agency:
RE/MAX NEW HORIZONS REALTY LLC · RE/MAX International
(866) 386-6818
Listed By:
JAMIE LUND · License #94486 - 94
(715) 820-0890
Added: Mar 21, 2025
Changed: Aug 19
Last Checked: Sep 3 at 6:06AM
MLS# 211071
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Constructed in 1894, this two-story brick and masonry building combines commercial space with residential accommodations. The property includes original wood flooring, storage, a secure vault, forced-air natural gas heat, and central air conditioning. The upper level contains four bedrooms and two bathrooms, creating an established live-work configuration within the building.
Historically operated as a hardware store, the property has also supported plumbing and heating-related business activity. The building occupies a 0.114-acre lot at 195/197 Lake Ave N in Phillips, Wisconsin, with on-street parking and public water and sewer service. A rubber roof completes the existing improvements.
Historically operated as a hardware store, the property has also supported plumbing and heating-related business activity. The building occupies a 0.114-acre lot at 195/197 Lake Ave N in Phillips, Wisconsin, with on-street parking and public water and sewer service. A rubber roof completes the existing improvements.
Key Highlights
- 1894‑built two‑story brick and masonry mixed‑use building
- 0.114‑acre lot at 195/197 Lake Ave N, Phillips, WI 54555
- Upper‑level living quarters with 4 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 54555, WI
4,887
Population
3,553
Households
1.4
Avg Household Size
52
Median Age
23%
College-Educated
95%
High-School Grad
364.2 sq mi
ZIP Area
13
Density / Sq Mi
$58,613
Median Household Income
$38,094
Median Earnings
$836
Median Rent
$172,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story commercial building with upper-level living quarters, original wood floors, and a secure vault.
Where is this mixed-use 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: 1894‑built two‑story brick and masonry mixed‑use building; 0.114‑acre lot at 195/197 Lake Ave N, Phillips, WI 54555; Upper‑level living quarters with 4 bedrooms and 2 bathrooms
