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0 Beds
3 Baths
3,907 sqft

$315,000

215 Lake Avenue E, Ladysmith WI, 54848

Price per sqft$80.62
Built in2007
Property size3,907 sqft
Property typeCommercial
Courtesy of Keller Williams Realty Diversified, Joshua R Amys Listing Contact:

Overview

Active

Listed Nov 14, 2025

Updated 10 days ago

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.

Additional information

MLS® ID
6815874

Interior Features

Bedrooms
0
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.45 Acres

Other Property Details

Taxes
$7,908
Tax Frequency
Annually
View
Yes
Waterfront
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 1:24 PM UTC on 9/30/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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