About This Home
This 0-bedroom, 0-bathroom commercial at 215 Lake Avenue E in Ladysmith, WI is listed for $365,000 ($93 per sqft). Built in 2007, the home offers 3,907 sqft of living space on a 0.45 acres lot.
Key Features
- Built in 2007
- 0.45 acre lot
- Waterfront
Property Details
Amenities
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.
Monthly Cost Estimate
$1,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
215 Lake Avenue E
Ladysmith, WI 54848
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 215 Lake Avenue E is listed at $365,000 ($93/sqft). The estimated monthly payment is $1,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2007, 0.45 acre lot, Waterfront.
This property is listed by Joshua Amys and can be reached at 7156420567.
