REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Gino Morales

gm@thegoldenlegacygroup.com +1(414) 600-3309

Listed by Keller Williams Realty Diversified

$ 365,000

Est. payment | -/mo

3 Baths

0.45 Acres Lot

Save Virtual Tour

$ 365,000

Est. payment | -/mo

Save Virtual Tour

3 Baths

0.45 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Municipality LADYSMITH

Subdivision Menasha Woodenware Cos 1St Add

MLS Listing ID 6815874

Year Built 2007

Annual Tax Amount $7,907

Tax Year 2024

Lot Size 0.450 Acres

Property 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.

Location

State WI

County Rusk

Zoning Business/Commercial

Body of Water Ladysmith Flowage (600091638)

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Central Air, Baseboard, Forced Air

Exterior

Garage Spaces 10.0

Parking On Site 10

Waterfront Description River

Water Access Desc River

Building

Dwelling Type 1 Story

Sewer Sewer(In Street)

Structure Type Log,Wood

New Construction N

Schools

School District Ladysmith-Hawkins

Others

Acceptable Financing Other

Listing Terms Other

Virtual Tour https://my.matterport.com/show/?m=ry3axHRXZND&mls=1

Gino Morales

Agent

+1(414) 600-3309

215 Lake Avenue Ladysmith, WI 54848

Gino Morales

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

215 Lake Avenue