# 215 Lake Avenue E, Ladysmith, WI 54848

> **TL;DR:** commercial, $315,000 ($81/sqft), built 2007, 3,907 sqft.
> Waterfront, A/C. Est. $1,685/mo. Listed 348 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $315,000 |
| Price/sqft | $81 |
| Square Feet | 3,907 |
| Year Built | 2007 |
| Lot Size | 19,602 sqft (0.45 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 348 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,593 |
| Estimated Insurance | $92 |
| **Total** | **$1,685** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 2007
- 0.45 acre lot
- Waterfront

## Description

### Agent Description
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.

## Location

- **Address:** 215 Lake Avenue E, Ladysmith, WI 54848
- **County:** Rusk
- **Coordinates:** 45.465527, -91.098805
- **Google Maps:** https://www.google.com/maps?q=45.465527,-91.098805

## Virtual Tour & Media

- **Video Tour:** https://sites.listvt.com/mls/221919141

## Listing Agent

- **Name:** Joshua Amys · **License:** 85884-94
- **Brokerage:** Central WI Real Estate Holdings, LLC
- **Broker Phone:** (715) 514-4265

## Photos

![215 Lake Avenue E - Photo 1](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2047055367r.jpg)

![215 Lake Avenue E - Photo 2](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1703798304r.jpg)

![215 Lake Avenue E - Photo 3](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f3863047761r.jpg)

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![215 Lake Avenue E - Photo 11](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2137745948r.jpg)

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![215 Lake Avenue E - Photo 21](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2144884895r.jpg)

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![215 Lake Avenue E - Photo 23](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f266726534r.jpg)

![215 Lake Avenue E - Photo 24](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f4162899585r.jpg)

![215 Lake Avenue E - Photo 25](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f4192113699r.jpg)

![215 Lake Avenue E - Photo 26](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2166797232r.jpg)

![215 Lake Avenue E - Photo 27](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f700035460r.jpg)

![215 Lake Avenue E - Photo 28](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2031012629r.jpg)

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![215 Lake Avenue E - Photo 31](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f245426831r.jpg)

![215 Lake Avenue E - Photo 32](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f3587724392r.jpg)

![215 Lake Avenue E - Photo 33](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f3026207707r.jpg)

![215 Lake Avenue E - Photo 34](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1608328401r.jpg)

![215 Lake Avenue E - Photo 35](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1407879748r.jpg)

![215 Lake Avenue E - Photo 36](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f3064260388r.jpg)

![215 Lake Avenue E - Photo 37](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1287435208r.jpg)

![215 Lake Avenue E - Photo 38](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1457108777r.jpg)

![215 Lake Avenue E - Photo 39](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2541525902r.jpg)

![215 Lake Avenue E - Photo 40](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f441860884r.jpg)

![215 Lake Avenue E - Photo 41](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1399367470r.jpg)

![215 Lake Avenue E - Photo 42](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1986390128r.jpg)

![215 Lake Avenue E - Photo 43](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2476554993r.jpg)

![215 Lake Avenue E - Photo 44](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f4011466507r.jpg)

![215 Lake Avenue E - Photo 45](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f2621913223r.jpg)

![215 Lake Avenue E - Photo 46](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f1211843976r.jpg)

![215 Lake Avenue E - Photo 47](http://lh.rdcpix.com/1c65c23d2cf3ba62b56f5406ce63e530l-f4115190238r.jpg)

---

**MLS#:** 1596548 | **Updated:** 2026-10-21
**Source:** listhub

*Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/215-lake-avenue-e-ladysmith-wi-54848-855a53e029b648bfb2ff9af9acd30c8f)

---

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