548 N LAKE AVENUE Phillips WI 54555
Commercial/Industrial
$ 289,900.00
- MLS #: 22205935
- Date added: 03/24/23
- Post Updated: 2023-09-10 04:46:05
- Type: Business Opportunity w/RE
- Status: Active
- Area: 3870 sq ft
- Year built: 1898
Description
Investment opportunity near downtown overlooking the Phillips Chain of Lakes! This spacious 4 BR, 5 BA Queen Anne home on .892 acres offers a setup for a multiple-unit rental, B&B, event rental, & more! This original lumber baron’s mansion boasts character with many original features intact: maple floors, trim & staircase; servant’s staircase; lakeside turret & more. Entertain guests on the main floor with a great room w/wood-burning fireplace, formal dining room, small sitting room, functional kitchen w/pantry, & 1/2 bath. The 2nd level includes a library & 3 luxurious bedroom suites featuring a “bridal suite” w/spa area & air tub and views of the lake! You have a full separate open-concept living quarters w/private entry, 1 BR & lakeside turret on the 3rd level. Located on ATV/snowmobile trails & near Elk Lake Park, shopping, & abundant recreation. This also would make a great permanent home that could provide extra income! Take a look today–this could be the perfect fit for you!!
Rooms&Units Description
- Restrooms: 5
Location Details
- Municipality: Phillips, City Of
- County: Price County
- Directions: On Hwy 13 in Phillips
- Area Desc: Other
Property Details
- # of Stories: 3
- # of Buildings: 1
- Building Sq Ft: 2001-5000
- Land Sq Ft: 20001-50000
- Number of Acres: 0.85
- Sale/Rent: For Sale
- Age: 125
- POSSIBLE USE: Hotel/Motel/B & B,Office
- Present Use: Other
Property Features
- ROOF: Shingle
- BASEMENT: Full
- HEAT TYPE: Hot Water
- FUEL TYPE: Natural Gas
- Parking: Private
- WATER/WASTE: Municipal Sewer,Municipal Water
Fees&Taxes
- Tax Amount: $ 3,788.00
- Tax Year: 2022
Courtesy of
- Office Name: NORTHWOODS REALTY