225 LAKE AVE N Save Request In-Person Tour Request Virtual Tour
Phillips,WI 54555
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,253 sqft
Price per Sqft $49
MLS Listing ID 209431
Bedrooms 5
Full Baths 6
Year Built 1977
Annual Tax Amount $3,506
Tax Year 2023
Lot Size 2,657 Sqft
Property Description
Seize the chance to own a prime commercial property situated on the busiest highway in Phillips, WI! This multi-use property features five spacious apartments?two offering stunning water views?along with a spacious storefront business space complete with a showroom, large office, break room, and bathroom. Tenants pay extra for garage space, and the four advertising slots on the building's side generate additional monthly revenue. With a high yearly income after expenses, this property is a fantastic opportunity for anyone looking to expand their investment portfolio! The new owner shall honor all existing leases and contracts as landlord until the previously agreed upon date of termination. Don?t miss out on this prime investment opportunity!
Location
State WI
County Price
Community Display Window,Sidewalks
Rooms
Other Rooms Living Quarters
Interior
Heating Baseboard,Electric,Forced Air,Natural Gas
Flooring Carpet,Laminate,Vinyl
Inclusions Real Estate Only,Other
Exterior
Garage Garage,Private
Community Features Display Window,Sidewalks
Utilities Available Cable Available,High Speed Internet Connected,Phone Available
Waterfront No
View Y/N Yes
View Water
Roof Type Rubber
Building
Lot Description Views
Story 2
Sewer Public Sewer
Water Public