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Jeff Klemmer

jeffk@exitrealtyspringside.com +1(651) 398-7270

Listed by Joshua Amys • Keller Williams Realty Diversified

$ 365,000

Est. payment | -/mo

3,907 SqFt

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$ 365,000

Est. payment | -/mo

Save Virtual Tour

3,907 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,907 sqft

Price per Sqft $93

MLS Listing ID 1596548

HOA Y/N No

Abv Grd Liv Area 3,907

Year Built 2007

Annual Tax Amount $7,907

Tax Year 2024

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Commercial

Property Description

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.

Location

State WI

County Rusk

Rooms

Basement None

Interior

Heating Baseboard, Forced Air

Cooling Central Air, Other, See Remarks

Fireplace No

Exterior

Water Access Desc Public

Accessibility Accessibility Features, Other, Accessible Entrance

Building

Foundation Poured

Sewer Public Sewer

Water Public

Schools

School District Ladysmith

Others

Tax ID 246-02310-0000

Virtual Tour https://sites.listvt.com/mls/221919141

Nearby Locations

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Jeff Klemmer

Broker-Owner | Lic# MN40340995 & WI57956-90

jeffk@exitrealtyspringside.com

+1(651) 398-7270

7876 Hudson Rd Suite 10 Woodbury, MN, 55125

215 Lake AVE E Ladysmith, WI 54848

Jeff Klemmer

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

215 Lake AVE E