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Historic Mixed-Use Brick Building

195/197 LAKE AVE N Phillips, WI 54555

195/197 LAKE AVE N, Phillips, WI, 54555
$100,000
For Sale
$100,000

COMMERCIAL - Phillips, WI

Lot Size0.11 Acres
Days on Market485

Property Features for 195/197 LAKE AVE N

General Information

Property type
Commercial Sale
Property subtype
Office
Bedrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Parking features
On Street
Interior features
Storage
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

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
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
716 S Lake Ave, Phillips, WI
Listed by JAMIE LUND · License #94486 - 94
Added: Mar 21, 2025 Checked: Jul 18 at 3:06 pm
MLS# 211071 Listing URL

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.

Built in 1894, this two-story brick building was originally the John R. Davis Lumber Company and has previously housed A.O. Johnson & Sons. The property features original wood floors, a secure vault, and has been used as a hardware store for nearly 100 years. The second floor includes a 4-bedroom, 2-bath living layout.

Located at 195/197 Lake Ave N in Phillips, Wisconsin, the building is in Price County. The property is described as a flexible option for retail, rental, or investment scenarios, with the existing structure supporting both commercial and residential use.

For tenants or owners looking to combine storefront and living space, the configuration provides an immediate residential component upstairs and a retail-oriented main level. Buyers considering a retail continuation will want to review the details if they are interested in operating a plumbing, heating, and hardware store, while others may evaluate renovation opportunities to adapt the space to their intended mix of residential and commercial use.

Key Highlights

  • 2‑story brick building built in 1894, originally the John R. Davis Lumber Company
  • Previously used as a hardware store for nearly 100 years, with historical business occupancy including A.O. Johnson & Sons
  • Original wood floors, plus a secure vault

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop Storage Facility Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service Skin Care Clinic Gym & Fitness Center

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

FAQs

What type of property is this?
Mixed-use property - Built in 1894, this two-story brick property includes retail space with distinctive interior features and a residential second floor.
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: 2‑story brick building built in 1894, originally the John R. Davis Lumber Company; Previously used as a hardware store for nearly 100 years, with historical business occupancy including A.O. Johnson & Sons; Original wood floors, plus a secure vault
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