Phillips, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

Phillips, Wisconsin, offers a unique appeal for commercial real estate (CRE) investors and professionals. Located in the picturesque Northwoods region, Phillips is a small city with a vibrant economy driven by manufacturing, tourism, and forestry. Its strategic location in Price County, combined with robust local industries, makes Phillips an attractive opportunity for diverse CRE investments.

Economic and Industry Overview

Phillips' economy is anchored by key industries such as manufacturing, forestry, and tourism. The presence of several manufacturing facilities drives demand for industrial and office properties. The city's thriving tourism sector, supported by its natural attractions, creates opportunities in the retail and hospitality sectors. Local economic development initiatives, such as those led by the Price County Economic Development Association, aim to stimulate economic growth and attract new businesses.

Strategic Location and Transportation Infrastructure

Phillips is strategically located with access to major transportation networks. The city is served by U.S. Highway 13, providing north-south connectivity, and State Highway 70, which runs east-west. Although Phillips does not have a commercial airport, the nearby Rhinelander-Oneida County Airport offers regional air service. The presence of rail lines facilitates efficient freight transportation, supporting industrial activities. These logistical advantages position Phillips as a viable hub for distribution and access to labor pools.

Commercial Real Estate Inventory & Zoning

Phillips hosts a variety of commercial real estate submarkets, including industrial corridors and a central business district (CBD) that accommodates office and retail spaces. The city's zoning regulations support diverse CRE asset classes, from industrial and retail to medical and office properties. Recent zoning updates and incentives aim to attract developers interested in mixed-use and innovation district projects. For detailed zoning maps and parcel information, visit the City of Phillips Zoning and Planning Department.

Major Employers and Institutions

Key employers in Phillips include MarquipWardUnited, a leader in manufacturing equipment, and Flambeau River Papers, a major paper production facility. These companies drive demand for industrial and office spaces. The city is also home to several educational institutions, contributing to workforce development and CRE demand. For a comprehensive list of top employers, explore the Price County Business Directory.

Notable Commercial Developments & Projects

Phillips is witnessing several notable commercial developments, including the expansion of its industrial park and mixed-use projects in the downtown area. These developments are often supported by public-private partnerships and benefit from Opportunity Zone designations. Detailed planning documents and site maps can be accessed through the Phillips Planning Department.

Building Permits, Planning, and Development Tools

• City of Phillips Building and Safety Department
• Permit Application Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Access public data sets and economic reports through resources like census.gov and the City of Phillips Open Data Portal. Brevitas utilizes AI-powered aggregation from public data and internal insights to offer comprehensive market analysis. Explore Brevitas-powered dashboards for Phillips, Wisconsin, here.

Why Use Brevitas for Phillips, Wisconsin CRE?

Brevitas offers cutting-edge, AI-driven CRE discovery tailored to the Phillips, Wisconsin market. Benefit from:

• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Unique features include:

• Auto-generated listing pages
• Email and landing page tools
• Integration with brokers and developers
• Exclusive listings and premium exposure

For commercial real estate opportunities in Phillips, Wisconsin, Brevitas stands as the go-to marketplace, providing unmatched insights and resources.