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215 Lake Avenue E
Ladysmith WI 54848 US

$399,900

Active Listing ID 1596548
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Lot: 0.45 Acres
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Other

$399,900

Active Listing ID 1596548
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215 Lake Avenue E 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.

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Property Features

  • Facts
  • Lot Size: 0.45 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Forced Air, Baseboard
  • Additional Features
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 399900
  • unparsedaddress: 215 Lake Avenue E
  • postalcity: Ladysmith
  • stateorprovince: WI
  • country: US
  • postalcode: 54848
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.45
  • lotsizeunits: Acres
  • lotsizearea: 0.45
  • livingarea: 3907
  • livingareaunits: Square Feet
  • latitude: 45.465527
  • longitude: -91.098805
  • listagentfullname: Joshua Amys
  • listagentemail: j.amys@kw.com
  • listagentkey: 3yd-RANWWI-J.AMYS
  • listagentmlsid: J.AMYS
  • listagentpreferredphone: 7156420567
  • listagentofficephone: 7156420567
  • listofficekey: 3yd-RANWWI-4949KW
  • listagentstatelicense: 85884-94
  • listofficemlsid: 4949KW
  • disclaimer: Copyright © 2026 Northwestern Wisconsin Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RANWWI
  • yearbuilt: 2007
  • listingcontractdate: 2025-11-14
  • listagenturl: http://mc1138.yourkwoffice.com
  • countyorparish: Rusk
  • parcelnumber: 246-02310-0000
  • elementaryschooldistrict: Ladysmith
  • middleorjuniorschooldistrict: Ladysmith
  • highschooldistrict: Ladysmith
  • cooling: Central Air
  • constructionmaterials: Log, WoodSiding
  • heating: Forced Air, Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: True
  • franchiseaffiliation: Keller Williams Realty
  • accessibilityfeatures: Accessible Approach with Ramp
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -91.09881, 45.465527
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Central WI Real Estate Holdings, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"j.amys@kw.com", "ListBrokerageCity":"Eau Claire", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw1138@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Central WI Real Estate Holdings, LLC", "ListBrokeragePhone":"(715) 514-4265", "ListBrokeragePostalCode":"54701", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":"STE 103", "ListBrokerageUnparsedAddress":"4330 GOLF TER", "ListBrokerageWebsiteUrl":"http://mc1138.yourkwoffice.com", "ListOfficeAddress1":"4330 Golf Terrace, #103 ", "ListOfficeAddress2":"STE 103", "ListOfficeBrokerMlsId":"4949KW", "ListOfficeCity":"Eau Claire", "ListOfficeCountry":"USA", "ListOfficeEmail":"Brokerkw1138@gmail.com", "ListOfficePostalCode":"54701", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Ladysmith, WI", "ListingURL":null, "MLSModificationTimestamp":"2025-11-14 15:56:51", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7908, "TaxDescription":"MENASHA WOODENWARE CO'S 1ST ADD LOT 33 & E 1/2 LOT 34 BLOCK 20 EX TRIANGULAR PARCEL IN SE CORNER OF LOT 33 DESC AS BEGINNING AT SE CORNER OF LOT 33;", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 1:22:34 PM GMT
Source Updated Date: 1/12/2026 6:52:21 AM GMT

Courtesy of: Joshua Amys, Keller Williams Realty Diversified, j.amys@kw.com

Copyright © 2026 Northwestern Wisconsin Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.