Live - Work Space

Phelps, WI Live-work Space for Sale

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Motel with Lakefront Parcel
Updated: Sep 2
Motel with Lakefront Parcel

2315 HWY 17, Phelps, WI 54554

$824,900
3.72 AC lot
10 furnished rooms: five with two queen beds and five with king beds
2‑bedroom, 2‑bathroom onsite residence and guest reception area with an additional sleeping space
Separate 0.62‑acre North Twin Lake parcel with 150 feet of sand and gravel shoreline
Lakefront parcel includes municipal water and sewer, an RV pad and hookup, piers, and a lift
30 x 46 rental storage building and multiple garages
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Phelps, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Residence
Mixed-Use Property with Residence

837 N Railroad St, Eagle River, WI 54521

$550,000
3,753 sqft

Two adjoining parcels combine a home with a separate commercial-facing parcel along Highway 45.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

130 Washington Avenue, Iron River, MI 49935

$199,000
2,923 sqft 0.45 AC lot

Commercial kitchen, bar facilities, and a separate residence support combined business and living use.

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Mixed-Use Building with Two Apartments
Mixed-Use Building with Two Apartments

417 Washington Avenue, Iron River, MI 49935

$379,000
6,237 sqft 0.18 AC lot

The ground floor has a barrier-free business layout, while two furnished apartments occupy the upper level.

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CommercialSale, Eagle River, WI
CommercialSale, Eagle River, WI

837 N RAILROAD ST, Eagle River, WI 54521

$550,000
0.98 AC lot

Commercial land · 0.98 Acres

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Phelps, WI Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Phelps, WI on our real estate platform.

Sale prices for live-work properties in Phelps, WI average $824,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,099
Population Growth (5Y) +14.5%
Median Household Income $58,478
College Educated 25.2%

High-Yield Neighborhoods for Investment

Identify Phelps submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54554 $824.9K

Taxes & Financing

Tax Rate (average for all types) 1.08%
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vilas County

New Delisted

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