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Established Bar & Grill For Sale
For Sale
$399,000

784 N LAKE AVENUE, Phillips, WI 54555

Commercial/Industrial, Phillips, WI

Property Size6,000 SF
Price / SF$66.50
Days on Market96

Property Features for 784 N LAKE AVENUE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Lot features Near Major Highway
Standard status Active
Size 6,000 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6704

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1970
Building materials Wood
Roof type Composition, Shingle
Listing Agency: RE/MAX NEW HORIZONS REALTY · RE/MAX International
Listed By: KC LOCHNER · License #8993894
Added: May 21 Changed: Aug 19 Last Checked: Aug 24 at 7:06PM
MLS# 22602259

Copyright © 2026 Central Wisconsin 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 is an excellent turn-key opportunity to own a well-established and popular bar & grill in Phillips, WI, with high visibility and exposure on Highway 13. The property features a spacious dining area, a large horseshoe bar, and a banquet hall with seating for up to 100 guests, making it ideal for weddings, reunions, business meetings, catering events, and entertainment. Recent updates include a new roof, new flooring, as well as some new furniture. The fully equipped commercial kitchen offers ample prep space, walk-in cooler and freezer, dishwashing area, and plenty of storage. All equipment needed to operate the business is included, along with ample customer parking. The property also includes a detached 2-bedroom, 1-bath apartment with garage, perfect for an owner-operator or additional rental income. The property size is 6000 square feet.

Key Highlights

  • Turn‑key bar & grill business opportunity in Phillips, WI.
  • Includes a detached 2‑bedroom, 1‑bath apartment with garage for owner‑operator or rental income.
  • Banquet hall seats up to 100 guests, perfect for events.

Property Analytics

Current Use

Conventional restaurants

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.

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby
Balanced
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key bar and grill with banquet hall and apartment.
Where is this conventional restaurant 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: Turn‑key bar & grill business opportunity in Phillips, WI.; Includes a detached 2‑bedroom, 1‑bath apartment with garage for owner‑operator or rental income.; Banquet hall seats up to 100 guests, perfect for events.
More about this property
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