Office Building with
For Sale
$98,500
172 N LAKE AVE, Phillips, WI 54555
CommercialSale, Phillips, WI
Property SizeContact for details
Lot Size0.05 Acres
Days on Market142
Property Features for 172 N LAKE AVE
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
Additional Details
Tenant in Place
Yes
Property Use
Office
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
Amenities
reception area
kitchenette
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 PRECOUR · License #84761 - 94
(920) 312-0113
Added: Jun 4
Changed: Oct 23
Last Checked: Oct 23 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
This office property includes a reception area, four office rooms, and a kitchenette. A one-bedroom, one-bath apartment occupies the upper floor. The parcel contains 0.05 acres, and a newly installed sidewalk runs along the building’s frontage.
The apartment is under contract with the State of Wisconsin Corrections, with renewal scheduled each June. Public water and sewer serve the property.
The apartment is under contract with the State of Wisconsin Corrections, with renewal scheduled each June. Public water and sewer serve the property.
Key Highlights
- Four office spaces plus a reception area and kitchenette
- Upper‑level apartment with one bedroom and one bath
- Apartment contract with the State of Wisconsin Corrections renews each June
Property Analytics
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Current Use
Lease Details
1
Residential units
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Reception space, four offices, and a kitchenette support a range of workplace needs.
Where is this office building located?
The property is located at 172 N LAKE AVE 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: Four office spaces plus a reception area and kitchenette; Upper‑level apartment with one bedroom and one bath; Apartment contract with the State of Wisconsin Corrections renews each June
