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Bar and Grill with Banquet Hall
For Sale
$399,000

784 LAKE AVE N, Phillips, WI 54555

CommercialSale, Phillips, WI

Property SizeContact for details
Lot Size0.72 Acres
Days on Market96

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 Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2
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 Mixed, Tile, Vinyl, Carpet
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: Aug 19 Last Checked: Aug 24 at 6:06PM
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 bar and grill property includes a spacious dining area, a large horseshoe bar, and a banquet hall configured for gatherings of up to 100 guests. The commercial kitchen is equipped with prep areas, a walk-in cooler and freezer, dishwashing facilities, and storage. Included operating equipment, updated flooring, a newer roof, and some replacement furniture add to the existing improvements.

A detached two-bedroom, one-bath apartment with an attached garage is also part of the property. The site encompasses 0.717 acres and provides customer parking via driveway access. Public water and sewer serve the property, with natural-gas heating, central air conditioning, and a composition shingle roof.

Key Highlights

  • Banquet hall accommodates seating for up to 100 guests
  • Commercial kitchen with walk‑in cooler, freezer, prep, dishwashing, and storage areas
  • Detached two‑bedroom, one‑bath apartment with garage

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

166
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
Questions? Ask 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 - Established hospitality property with a commercial kitchen, event space, customer parking, and an attached 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: Banquet hall accommodates seating for up to 100 guests; Commercial kitchen with walk‑in cooler, freezer, prep, dishwashing, and storage areas; Detached two‑bedroom, one‑bath apartment with garage
More about this property
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