Office Building with Apartment for Sale in Phillips, WI

View Original Listing

Financial Details

Asking Price:
$115,000
Profit Metric:
NOI
Location:
Phillips, WI, US
Source:
Date:
September 16, 2025

Key Highlights

Prime location on busy State Highway 13 in Phillips, WI.
Versatile space with reception, four offices, kitchenette, and a one-bedroom apartment.
Potential for additional income from the rented upstairs apartment.

Description

This listing presents a versatile commercial office building located on the busy State Highway 13 in Phillips, Wisconsin. The property features a welcoming reception area, four functional office spaces, and a kitchenette on the main level, suitable for various professional uses. Previously occupied by an insurance company, it offers ample space for a new business. An attractive feature is the one-bedroom, one-bath apartment located upstairs, which is currently rented to the State of Wisconsin Corrections under an annual contract generating $675/month. This dual-purpose property offers not only a prime location for a business but also a steady income stream from the rental unit, making it a compelling investment opportunity. The building includes convenient street and alley parking.

Industry Information

Industry Description:
Service Businesses
Classification:
Service Businesses

Real Estate & Lease

Status:
For_sale
Real Estate Price:
$115,000 USD

Broker Contact

Name:
Jamie Lund
Company:
Remax New Horizons Realty, LLC
Phone:
715-402-4629

Listing Details

Listing ID:
534dae27-1fee-4404-8379-bf9c1b39fc82
Source Listing ID:
2361732
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD