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    784 Lake Ave Phillips, WI 54555

    For Sale
    $399,000

    COMMERCIAL - Phillips, WI

    Lot size:
    0.72 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 784 Lake Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    272-106107000
    Parking features
    Driveway
    Exterior features
    HandicapAccessible
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.72 Acres

    Utilities

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

    Building Details

    Number of units
    1
    Flooring type
    Tile, Carpet
    Building materials
    Frame, WoodSiding
    Roof type
    Shingle, Composition
    Additional Structures
    Outbuilding

    Redman Realty Group, LLC (715) 358-0450 [email protected]

    Listing agent PETER NICOL (309) 645-4624 License #86718 - 94

    Listing date Nov 13, 2025

    MLS# 211758 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

    Turn-Key Restaurant with Apartment

    This is a turn-key restaurant opportunity located in Phillips, Wisconsin. Burger's Bar & Grill features access and visibility from Highway 13. The bar and grill offers a banquet room to host events for up to 100 guests, and a dining room that accommodates up to 30 guests. The restaurant includes a liquor license and ample parking for customers. The property also includes a freestanding two-bedroom, one-bathroom apartment unit with a two-stall parking garage below. The lot size is 0.72 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phillips
    County
    Price
    State
    Wisconsin
    Longitude
    -90.40998048
    Latitude
    45.69710772

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    FAQs

    What type of property is this?
    Restaurant - Restaurant, bar, and grill with banquet room and apartment unit.
    Where is this restaurant located?
    The property is located at 784 Lake Ave 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: - Turn-key restaurant opportunity with existing business (Burger's Bar & Grill).; - Includes a liquor license.; - Features a banquet room for up to 100 guests.
    (309) 645-4624
    Request Owner's contact information
    784 Lake Ave 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
    784 Lake Ave Phillips, WI 54555
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