215 Lake E Avenue

$399,900 – Ladysmith, WI

MLS#: 1596548

Active

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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County:	Rusk
School:	Ladysmith
Abv Grd:	3,907 sq. ft.
Year Built:	2007
Age:	18 Years

Type:	Office, Retail
Lot Size:	100 x 160 x 120 x 163
Bldg Size:	3907
Acres:	0.45
Taxes:	$7,908
Tax Year:	2024

Property Features

Basement: None
Cooling: Central Air, Other, See Remarks
Foundation: Poured
Heating: Baseboard, Forced Air
Sewer Service: Public Sewer
Water Service: Public
Zoning: Commercial, Shoreline
Waterfront: 120 feet

Directions
Lake Avenue East (Hwy 8). Property is on the corner of Lake Ave E and Hwy 8, near the flowage.

Legal
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;

Listing Agent
Joshua Amys

Listing Agency
Keller Williams Realty Diversified

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