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Turn-Key Bar & Grill with Apartment
For Sale
$399,000

784 LAKE AVE N, Phillips, WI 54555

COMMERCIAL - Phillips, WI

Lot Size0.72 Acres
Days on Market74

Property Features for 784 LAKE AVE N

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 2
Bathrooms 4
Full bathrooms 1
Half bathrooms 3
Rooms Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2, Bathroom 4
Parking features Driveway
Lot features Views
View Water
Directions From Downtown Phillips N on Hwy 13/Lake Ave N to property on L
Standard status Active
APN 272-10610700025458
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KIMBALL'S ADDITION TO PHILLIPS LOTS 11-12 & PRT OF LT 13 7-37-1E PRT OF GOVT LOT 5 PCL DESC IN DOC 398048
Tax Annual Amount 6704
Legal Description KIMBALL'S ADDITION TO PHILLIPS LOTS 11-12 & PRT OF LT 13 7-37-1E PRT OF GOVT LOT 5 PCL DESC IN DOC 398048

Utilities

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

Building Details

Floors in Building 1
Flooring type Tile, Vinyl, Carpet, Mixed
Building materials Frame, WoodSiding
Roof type Shingle, Composition
Additional Structures Outbuilding
Listing Agency: RE/MAX NEW HORIZONS REALTY LLC · RE/MAX International
Listed By: KATHLEEN LOCHNER · License #89938 - 94
Added: May 21 Changed: Jul 28 Last Checked: Aug 2 at 3:06AM
MLS# 217323

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 turn-key bar and grill offers a spacious dining area, a large horseshoe bar, and a banquet hall with seating for up to 100 guests. The commercial kitchen is fully equipped with ample prep space, a walk-in cooler and freezer, a dishwashing area, and plenty of storage, and includes the equipment needed to operate. Recent updates include a new roof, new flooring, and some new furniture. Ample customer parking is included.

The property is located at 784 Lake Ave N in Phillips, WI, with visibility and exposure on Highway 13. In addition to the restaurant, the sale includes a detached 2-bedroom, 1-bath apartment with a garage, providing an on-site living option and potential for rental income. The entire setup is positioned for an owner-operator or a buyer looking to take over an established neighborhood bar and grill.

Key Highlights

  • Bar & grill on Highway 13 with a large horseshoe bar and spacious dining area
  • Banquet hall with seating for up to 100 guests for events, meetings, and catering
  • Commercial kitchen includes walk‑in cooler and freezer, dishwashing area, prep space, and storage

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby
Well-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Harbor View at the Lake — 1094 N Lk Ave, Phillips, WI 54555
  • Meister's Bar & Grill — 152 N Lk Ave, Phillips, WI 54555
  • The Badger’s Den Sports Bar and Grill — W7104 County Hwy W, Phillips, WI 54555
  • Northern Lights — 163 N Lk Ave, Phillips, WI 54555

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turn-key bar and grill includes a fully equipped kitchen, banquet hall seating up to 100, and a 2-bedroom apartment.
Where is this bar & pub located?
The property is located at 784 LAKE AVE N Phillips, WI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Bar & grill on Highway 13 with a large horseshoe bar and spacious dining area; Banquet hall with seating for up to 100 guests for events, meetings, and catering; Commercial kitchen includes walk‑in cooler and freezer, dishwashing area, prep space, and storage
More about this property
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