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

Price
$315,000

MLS #
1596548

Status
Active


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Property Details

Year Built
2007

Square Feet
3,907

Acres
0.45

Zoning
Commercial, Shoreline

2025 Property Taxes
$8,758

School District
Ladysmith

County
Rusk


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.


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

Lot Size
100 x 160 x 120 x 163

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 10/21/26

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