215 Lake Avenue E Ladysmith, WI 54848

$365,000
Active
3 Baths  |   |  MLS # 6815874
Active
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  • Nail Salon Unit: Left (East)
    Nail Salon Unit: Left (East)
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  • Laundromat Unit: Middle
    Laundromat Unit: Middle
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  • Office Unit: Right (East)
    Office Unit: Right (East)
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About The Listing

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.


Listing courtesy of Joshua R Amys, Keller Williams Realty Diversified
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 2007
MLS #: 6815874
Bedrooms: 0
Garage Spaces: 0
Parking Description: Parking Lot, Paved Lot, Unassigned
Sewer Description: City Sewer - In Street
Air Conditioning Type: Central Air
Water: City Water - In Street
Heat Type: Baseboard, Forced Air
Basement: None
Foundation Type: Slab
Days On Market (Continuous): 0
Disability Features: No Stairs External, No Stairs Internal
Latest Update: 04/21/2026
List Date: 11/14/2025
Listing Agent ID: 226502584
Listing Office: Keller Williams Realty Diversified
Listing Office ID: 29253
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Exterior Features: Log Siding, Wood
Lot Dimensions: 100x160x120x163
Lot Size: 0.45 Acres
View Description: River
Waterfront: Other, River Front
School District: Ladysmith-Hawkins
Tax Year: 2024
Estimated Taxes: $7,908
Contingency Type: None
City: Ladysmith
Zip: 54848
County: Rusk
Subdivision: Menasha Woodenware Cos 1st Add
State: WI
Listing last updated: 04/21/26

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