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    215 Lake Ave E Ladysmith, WI 54848

    For Sale
    $399,900

    COMMERCIAL - Ladysmith, WI

    Property size:
    3,907 SF
    Lot size:
    0.45 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 215 Lake Ave E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    246-02310-0000
    Accessibility
    Accessible Approach with Ramp
    Size
    3,907 SF
    Lot size
    0.45 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Baseboard
    Cooling system
    Central Air
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    2007
    Building materials
    Log, WoodSiding

    Central WI Real Estate Holdings, LLC (715) 514-4265 [email protected]

    Listing agent Joshua Amys (715) 642-0567 License #85884-94

    Listing date Nov 14, 2025

    Copyright © 2025 Northwestern Wisconsin Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ladysmith Commercial Investment Opportunity

    This commercial building is located on the corner of Lake Avenue East and Highway 8 in Ladysmith, Wisconsin. The slab-on-grade building features three fully leased units. The west unit is leased to a nail salon through September 2028. The middle unit, leased through September 2026, operates as a 24-hour laundromat, and includes all laundry equipment. This lease also includes full use of the adjacent office space (the east unit) and all on-site commercial laundry equipment, which is maintained by the tenant. The property is situated on a 0.45-acre lot and offers views of the Flowage. The building has 3,907 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KN Nails & Spa Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ladysmith
    County
    Rusk
    State
    Wisconsin
    Longitude
    -91.098805
    Latitude
    45.465527

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    FAQs

    What type of property is this?
    Strip mall - Turn-key, income-producing commercial property on a high-traffic corner.
    Where is this strip mall located?
    The property is located at 215 Lake Ave E Ladysmith, WI.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - High-visibility corner location on main corridor (Lake Avenue East and Highway 8).; - Three fully leased units providing immediate income.; - Long-term nail salon tenant with lease through September 2028.
    (715) 642-0567
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 Lake Ave E Ladysmith, WI 54848
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