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Listed price in listed location currency (USD).
$399,900

000

MLS® 1596548

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 3907 sqft
Garage No
HOA Fees 
Taxes $7,908
Days Active 20
Approx. Age 2007
Avg. Price Per Sqft $102
MLS® Number 1596548

Property Address: 215 Lake Ave E, Ladysmith, WI, 54848-1306

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity on Ladysmith’s main corridor! Positioned on the high-visibility corner of Lake Avenue East and Highway 8, this zero-entry, slab-on-grade commercial building offers unmatched exposure, consistent vehicle traffic, and even uncapitalized views of the Flowage with your own frontage. The building features three fully leased units ready to add to your investment portfolio! The west unit is home to a long-standing nail salon tenant, leased through September of 2028. The middle unit is leased through September 2026 and operating as a 24-hour laundromat and the laundry equipment is included! This lease also includes full use of the adjacent office space (the east unit) and all on-site commercial laundry equipment; maintained by the tenant. Offering a solid tenant mix, stable income, flexible-use layout, and high-traffic corner placement, this is a rare chance to acquire a turn-key income-producing asset in a growing Northwoods community.
MLS® Number1596548
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2007
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 14, 2025List Date
$399,900List Price
  • Commute

Commute

Starting Address
Destination Address
215 Lake Ave E, Ladysmith, WI

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