138 Lake Ave S, Phillips WI 54555 $72,500

138 Lake Ave S, Phillips 0 Acres $72,500 Active

  • CommercialProperty
  • Status: Active
  • Est. Year Built: 1920
  • County: Price
  • Property Taxes: $1,790
  • Property Tax Year: 2015
  • MLS#: 155352
  • Listing Company: Re/Max New Horizons Realty Llc

138 Lake Ave S Phillips WI 54555 - PRICE REDUCED AND SELLER IS MOTIVATED! The Crystal Music Cafe is turnkey and offers a PRIME location in the heart of busy downtown Phillips, and offers direct access to snowmobile trails and a location just down the road from the Phillips Chain of Lakes. The current owners have recently updated the kitchen, placed new signs, and tweaked the menu...the reputation is excellent and the recipes are yours for the asking. Inside, the cafe has a bar that seats 12, and the tables comfortably seat about 25. The place has a cozy North woods feel, there is space for music, and there are two street side display windows. There is a 3 BR, 1 BA upper living quarters and unfinished space that could be converted to an efficiency apartment for additional income. If you are looking for an affordable business opportunity in the North woods or location to start your business, this is definitely one to consider! Seller will consider land contract.

Additional Features
  • Heating/Cooling: Forced Air
  • Flooring: Mixed
  • Roof: Rolled
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
155352 Jul 11 2017 3:20PM $72,500 $78,000 595
155352 Jan 12 2017 5:20PM $78,000 $89,900 595
155352 Aug 4 2016 4:20PM $89,900 $125,000 595
155352 Active Feb 9 2016 4:19PM $125,000 595

Estimated Monthly Payment

$3,287 per month
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Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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