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    316 N Main St Lake Mills, WI 53551

    For Sale
    $899,900

    Retail,Office,Service - Lake Mills, WI

    Days on Market:
    31
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 316 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    246-0713-1233-063
    Parking features
    Paved or Surfaced
    Interior features
    Overhead doors, Private Restrooms, Shared Restrooms

    Utilities

    Heating system
    Forced Air, Zoned (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    6
    Building materials
    Brick
    Roof type
    Flat, Membrane, Metal, Rubber
    Architectural style
    Other

    RE/MAX Community (920) 648-7755 [email protected]

    Listing agent Heidi Kabat (920) 648-7755

    Listing date Nov 6, 2025

    MLS# 2008558 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Space in Lake Mills

    This property offers over 10,000 sq. ft. of commercial space and is situated on Main Street, half a block from the downtown square in Lake Mills, Wisconsin. The location provides visibility and is less than a mile from I-94, allowing for deliveries and supplies. The property features a large, paved lot behind the building, in addition to street parking. The seller has invested over $80,000 in capital improvements in the past five years, including five new furnaces, four new central air units, fresh exterior paint, plus updated flooring and interior paint in three rental spaces. The property is zoned B-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jay Lang, The Lang ... Real Estate Agents

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mills
    County
    Jefferson
    State
    Wisconsin
    Longitude
    -88.911066
    Latitude
    43.081861

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    FAQs

    What type of property is this?
    Retail space - Over 10,000 sq. ft. commercial space on Main Street.
    Where is this retail space located?
    The property is located at 316 N Main St Lake Mills, WI.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: - Prime Main Street location in the heart of Lake Mills, half a block from the downtown square.; - Over 10,000 sq. ft. of commercial space.; - Significant capital improvements totaling over $80,000 in the last five years (new furnaces, A/C units, paint, flooring).
    (920) 648-7755
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    316 N Main St Lake Mills, WI 53551
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    Lake Mills, WI 53551
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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
    316 N Main St Lake Mills, WI 53551
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