Property for Sale in Ladysmith
215 Lake E Avenue
Ladysmith, WI 54848

Price
$399,900

MLS #
1596548

Status
Active


Request Showing

Property Details

Year Built
2007

Square Feet
3,907

Acres
0.45

Zoning
Commercial, Shoreline

2024 Property Taxes
$7,908

School District
Ladysmith

County
Rusk


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.


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


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

Features


Cooling
Central Air, Other, See Remarks

Heating
Baseboard, Forced Air

Sewer
Public Sewer

Water
Public

Foundation
Poured

Waterfront
Yes

Waterfrontage
120 Feet

Additional Info


Listed By
Joshua Amys of Keller Williams Realty Diversified

Listed
11/14/25 and last updated 11/14/25

RANWW Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Similar Listings