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

784 N Lake Avenue, Phillips, WI 54555

Commercial kitchen, customer parking and a detached apartment complement the restaurant and event facilities.

Property Size6,000 SF
Price / SF$66.50
Days on Market159

Property Features for 784 N Lake Avenue

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Equipment Included Yes
Currently Operating Yes

Building Details

Building Size 6,000 SF
Listing Agency: Re/Max New Horizons Realty
Listed By: Kc Lochner · License #8993894
Source: Freedom-choice
Added: May 21 Changed: Oct 26 Last Checked: Oct 26 at 3:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max New Horizons Realty

Rey
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Investment Insights

Based on property information with market context.

This 6,000-square-foot bar and grill in Phillips includes a dining room, horseshoe-shaped bar and banquet space accommodating up to 100 guests. The commercial kitchen has preparation areas, a walk-in cooler and freezer, dishwashing space and storage. Equipment is included. Recent work includes a replacement roof and flooring, with some furniture also updated. The property was built in 1970 and is zoned Commercial.

The site has customer parking and Highway 13 exposure. A detached apartment provides two bedrooms, one bathroom and a garage.

Key Highlights

  • Banquet area accommodates up to 100 guests
  • 6,000‑square‑foot bar and grill with dining room and horseshoe bar
  • Commercial kitchen includes walk‑in cooler and freezer, dishwashing area and storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Auto Repair Shop Building Supply (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

168
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • 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
  • Harbor View at the Lake — 1094 N Lk Ave, Phillips, WI 54555

Frequently Asked Questions

What type of property is this?
Bar & Pub - Commercial kitchen, customer parking and a detached apartment complement the restaurant and event facilities.
Where is this bar & pub located?
The property is located at 784 N Lake Avenue 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 area accommodates up to 100 guests; 6,000‑square‑foot bar and grill with dining room and horseshoe bar; Commercial kitchen includes walk‑in cooler and freezer, dishwashing area and storage
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