Two-Story Mixed-Use
For Sale
$100,000
195/197 N LAKE AVE, Phillips, WI 54555
CommercialSale, Phillips, WI
Property SizeContact for details
Lot Size0.11 Acres
Days on Market583
Property Features for 195/197 N LAKE AVE
General Information
Property type
Commercial Sale
Property subtype
Office
Bedrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Parking features
On Street
Interior features
Storage
Directions
This property is located in downtown Phillips on the E side of the road.
Standard status
Active
APN
272-104210000
Lot size
0.11 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2024
Tax Description
PARK ADDITION TO PHILLIPS S 1/2 OF LOT 12 BLOCK A and PARK ADDITION TO PHILLIPS N 1/2 OF LOT 13 BLOCK A. TAX ID 25263 and 25264.
Tax Annual Amount
1774
Legal Description
PARK ADDITION TO PHILLIPS S 1/2 OF LOT 12 BLOCK A and PARK ADDITION TO PHILLIPS N 1/2 OF LOT 13 BLOCK A. TAX ID 25263 and 25264.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1894
Floors in Building
2
Number of units
2
Flooring type
Mixed, Wood
Building materials
Brick, Masonry
Roof type
Rubber
Additional Structures
Storage
Buildings
1
Listing Agency:
RE/MAX NEW HORIZONS REALTY LLC · RE/MAX International
(866) 386-6818
Listed By:
JAMIE LUND · License #94486 - 94
(715) 820-0890
Added: Mar 21, 2025
Changed: Oct 23
Last Checked: Oct 24 at 12:06AM
MLS# 211071
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 two-story brick masonry building dates to 1894 and occupies a 0.114-acre lot. Original wood flooring and a secure vault remain among its interior features. The second floor contains living quarters with four bedrooms and two bathrooms.
The building has natural gas forced-air heating and central air conditioning, with public water and sewer service. Its documented commercial history includes use as a hardware store for nearly 100 years, following an earlier association with the John R. Davis Lumber Company.
The building has natural gas forced-air heating and central air conditioning, with public water and sewer service. Its documented commercial history includes use as a hardware store for nearly 100 years, following an earlier association with the John R. Davis Lumber Company.
Key Highlights
- Two‑story brick masonry building constructed in 1894
- 0.114‑acre lot
- Second‑floor living quarters with 4 bedrooms and 2 bathrooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
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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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upper-level residence with four bedrooms and two bathrooms adds a residential component to the commercial building.
Where is this mixed-use property located?
The property is located at 195/197 N LAKE AVE Phillips, WI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Two‑story brick masonry building constructed in 1894; 0.114‑acre lot; Second‑floor living quarters with 4 bedrooms and 2 bathrooms
