Historic Commercial Retail Space with Mixed-Use Potential in Phillips, WI

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Financial Details

Asking Price:
$199,500
Profit Metric:
NOI
Location:
Phillips, WI, US
Source:
Date:
September 16, 2025

Key Highlights

Historic 1926 Fire Station in downtown Phillips, WI, beautifully restored with original charm.
Versatile mixed-use property: ideal for retail, residential, office, or studio conversion.
Prime downtown location offering significant potential for business or live-work opportunities.

Description

This listing presents a unique opportunity to acquire a historic, beautifully restored commercial retail space located in the heart of downtown Phillips, Wisconsin. Originally built in 1926 as the Phillips Fire Station, the property seamlessly blends classic architectural charm with modern updates. The building offers versatile mixed-use potential, currently featuring a functional retail layout on the main floor with high ceilings and large display windows. Upstairs, there is a 1-bedroom, 1-bath living quarters with a bonus room. The space is currently home to 'The 5 Senses' retail business but can be easily converted into additional living quarters, office space, or a boutique studio. This property is ideal for entrepreneurs, investors, or individuals looking to own a piece of local history with significant potential for residential, commercial, or live-work applications. Side street parking is available.

Industry Information

Industry Description:
Commercial Retail Space with Mixed-Use Potential
Classification:
Retail

Operational Snapshot

Year Established:
1926

Real Estate & Lease

Status:
Owned

Broker Contact

Name:
Jamie Lund
Company:
Remax New Horizons Realty, LLC
Phone:
715-603-6682

Listing Details

Listing ID:
2280d5ea-72b3-4ba8-85f4-e50782aecb4e
Source Listing ID:
Ad#:2362087
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD