For Sale: Ladysmith MLS# 6815874
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Property 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$315,000
Property Type:
Commercial
City:
Ladysmith
Garage Spaces:
0
County:
Rusk
Year Built:
2007
State:
WI
Property Style:
1 Story
Zip Code:
54848
Subdivision Name:
Menasha Woodenware Cos 1st Add
Interior
Bedrooms:
0
Bathrooms:
3
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
3,907 ft2
Foundation Dimensions:
24x38/44x42/30x38
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Parking Lot
- Paved Lot
- Unassigned
Road Frontage:
State Road
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
River
WF Frontage:
120
Elev Highpt to WF feet:
40+
Waterfront:
- Other
- River Front
Lake Bottom:
Undeveloped
Lot & Land
Acres:
0.45
Geolocation:
45.46554, -91.098807
Inclusions:
Building
Lot Dimensions:
100 x 160 x 120 x 163
Zoning:
Business/Commercial
Schools
School District:
W2856
District Phone:
7155325277
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,758
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,758
Units
Total Units:
3
Miscellaneous
Current Use:
- Laundromat
- Office
- Professional Service
- Vacant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Common
- Heating Separate
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Realty Diversified.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.