Phillips, WI 54555,225 N LAKE AVENUE
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Phillips, WI 54555,225 N LAKE AVENUE
Phillips, WI 54555,225 N LAKE AVENUE
Phillips, WI 54555,225 N LAKE AVENUE
Phillips, WI 54555,225 N LAKE AVENUE
Listed by CASSIDY ECKLUND • RE/MAX NEW HORIZONS REALTY
Bought with CASSIDY ECKLUND

$275,000

Est. payment /mo

$259,900

5.8%
Est.Price: ?

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225 N LAKE AVENUE Phillips, WI 54555

6,645 SqFt

SOLD DATE : 11/25/2024

Key Details

Sold Price $275,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,645 sqft

Price per Sqft $41

Municipality PHILLIPS

MLS Listing ID 22404897

Sold Date 11/25/24

Year Built 1977

Annual Tax Amount $3,505

Tax Year 2023

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Sq. Ft is agent measured, buyer to verify. EM held at Gowey Title. Possible brown site (soil contamination) due to abandoned gas station next door.,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

Zoning Commercial

Interior

Interior Features Smoke Alarm

Heating Natural Gas

Cooling Baseboard

Exterior

Exterior Feature Concrete

Utilities Available Separate Meter

Roof Type Flat,Rubber/Membrane

Building

Sewer Municipal Water, Municipal Sewer

New Construction N

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agent

Jeremy Mavis

Sales Associate

+1(715) 558-2866

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