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Flex Space with Lake Views
For Sale
$475,000

2275 HWY 17, Phelps, WI 54554

CommercialSale, Phelps, WI

Property Size10,500 SF
Lot Size0.25 Acres
Price / SF$45.24
Days on Market590

Property Features for 2275 HWY 17

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Interior features Storage
Lot features Views
View Water
Directions Hwy 70 East to Left on Hwy 45 to Right on Hwy 17 to downtown Phelps and property on Right
Standard status Active
APN 18-150-09
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRT GOVT LOT 4 JDGMNT 478412
Tax Annual Amount 1828
Legal Description PRT GOVT LOT 4 JDGMNT 478412

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Building materials MetalSiding, Steel
Roof type Metal
Additional Structures Storage
Listing Agency: RE/MAX PROPERTY PROS · RE/MAX International
Listed By: JULIE WINTER-PAEZ (JWP GROUP) · License #56796 - 90
Added: Jan 17, 2025 Changed: Aug 19 Last Checked: Aug 30 at 5:06AM
MLS# 210394

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.

This 10,500-square-foot flex property combines warehouse, workshop, storage, and display-oriented areas within a metal-and-steel building. The front portion measures over 1,000 square feet and includes large windows facing North Twin Lake, while two heated areas feature in-floor heating. A separate midsection of approximately 4,100 square feet provides space configured for repair or workshop use, and the rear section adds substantial storage capacity.

The property occupies 0.25 acres in downtown Phelps, across STH 17 from North Twin Lake. Public water and public sewer serve the site, with natural gas and hot water heating. Concrete flooring, a metal roof, and on-street parking are additional site features.

Key Highlights

  • 10,500‑square‑foot commercial flex property
  • 0.25‑acre site across STH 17 from North Twin Lake
  • Front area over 1,000 square feet with large lake‑facing windows

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54554, WI

1,042
Population
1,279
Households
0.8
Avg Household Size
60
Median Age
17%
College-Educated
98%
High-School Grad
80.9 sq mi
ZIP Area
13
Density / Sq Mi
$58,478
Median Household Income
$41,080
Median Earnings
$730
Median Rent
$222,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-area commercial building with heated workspace, storage capacity, and storefront windows.
Where is this flex space located?
The property is located at 2275 HWY 17 Phelps, WI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 10,500‑square‑foot commercial flex property; 0.25‑acre site across STH 17 from North Twin Lake; Front area over 1,000 square feet with large lake‑facing windows
More about this property
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