215 Lake Avenue, Ladysmith, WI 54848
215 Lake Avenue, Ladysmith, WI 54848
215 Lake Avenue, Ladysmith, WI 54848
215 Lake Avenue, Ladysmith, WI 54848
215 Lake Avenue, Ladysmith, WI 54848
215 Lake Avenue, Ladysmith, WI 54848
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Listed by Keller Williams Realty Diversified
$ 315,000
Est. payment | /mo

3,907 SqFt


$ 315,000
Est. payment | /mo

3,907 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,907 sqft

Price per Sqft $80

Municipality LADYSMITH

MLS Listing ID 1596548

Year Built 2007

Annual Tax Amount $8,757

Tax Year 2025

Lot Size 0.450 Acres

Property Description

Give your business a visible home in the heart of Ladysmith! Positioned at Lake Avenue East and Highway 8, this approximately 3,900-square-foot commercial property combines a prominent corner location, on-site parking, and Flambeau Flowage frontage. Two parcels are included, with three distinct commercial spaces and a single-level, zero-entry layout. The west unit is occupied by a nail salon renting for $1,050/month through September 2028, with landlord-paid utilities. The vacant east office and former laundromat space offer room for your own business or future tenants. Explore office, retail, or service-business possibilities, subject to zoning, existing lease terms, and required approvals. The laundromat is closed and not generating operating income; existing laundry equipment remains, with numerous machines reported nonoperational. An opportunity to establish your business location, retain an existing tenant, and shape the remaining space around your plans.

Location

State WI

County Rusk

Zoning Commercial,Shoreline

Body of Water Flambeau

Rooms

Basement None / Slab, Poured Concrete

Interior

Heating Natural Gas

Cooling Central Air, Other, Baseboard, Forced Air

Exterior

Waterfront Description 101-199 feet,Flowage,Waterfrontage on Lot

Water Access Desc 101-199 feet,Flowage,Waterfrontage on Lot

Building

Dwelling Type 4-Season

Sewer Municipal Sewer, Municipal Water

Structure Type Log,Wood

New Construction N

Schools

School District Ladysmith

Gino Morales

Gino Morales

Agent

+1(414) 600-1626

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215 Lake Avenue