Multi-Office Building with
For Sale
$98,500
172 LAKE AVE N, Phillips, WI 54555
COMMERCIAL - Phillips, WI
Lot Size0.05 Acres
Days on Market60
Property Features for 172 LAKE AVE N
General Information
Property type
Commercial Sale
Property subtype
Office
Bedrooms
1
Rooms
Bedroom 1
Directions
N on HWY 13, Parking on HWY 13, or L on Cherry, alley way will be on your immediate L. Building back entrance is on your L.
Standard status
Active
APN
272-100303000
Lot size
0.05 Acres
Taxes and HOA fees
Tax Description
PHILLIPS PRT OF LOT 3 BLOCK 3 ALL FULLY DESC IN 298R-629
Legal Description
PHILLIPS PRT OF LOT 3 BLOCK 3 ALL FULLY DESC IN 298R-629
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Number of units
1
Flooring type
Tile, Carpet
Building materials
WoodSiding
Roof type
Rubber
Listing Agency:
RE/MAX NEW HORIZONS REALTY LLC · RE/MAX International
(866) 386-6818
Listed By:
ALLI MATHYS · License #84761 - 94
(920) 312-0113
Added: Jun 4
Changed: Jun 11
Last Checked: Aug 2 at 2:06AM
MLS# 217702
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 office building is designed for flexible business use, featuring a welcoming reception area, four functional office spaces, and a kitchenette for day-to-day convenience. Upstairs, there is a one-bedroom, one-bath apartment.
The property is located at 172 Lake Ave N in Phillips, Wisconsin. Public remarks note that a brand new sidewalk has been installed in front of the building.
The apartment is currently under contract with the State of Wisconsin Corrections, with renewals occurring each year in June, as stated in the remarks.
The property is located at 172 Lake Ave N in Phillips, Wisconsin. Public remarks note that a brand new sidewalk has been installed in front of the building.
The apartment is currently under contract with the State of Wisconsin Corrections, with renewals occurring each year in June, as stated in the remarks.
Key Highlights
- Office building with a reception area, kitchenette, and four office spaces
- Upstairs 1‑bedroom, 1‑bath apartment currently under contract with the State of Wisconsin Corrections for $675/month, renewed every June
- Public water and public sewer connected
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
300
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Office building includes a reception area, four offices, and a kitchenette, plus an apartment upstairs.
Where is this live-work space located?
The property is located at 172 LAKE AVE N Phillips, WI.
What is the asking price?
The asking price for this property is $98,500.
What are key features of this property?
This property features: Office building with a reception area, kitchenette, and four office spaces; Upstairs 1‑bedroom, 1‑bath apartment currently under contract with the State of Wisconsin Corrections for $675/month, renewed every June; Public water and public sewer connected
