Three-Unit Retail
For Sale
$365,000
215 Lake Ave E, Ladysmith, WI 54848
Zero-entry corner property with three leased commercial units and included laundry equipment.
Property Size3,907 SF
Price / SF$93.42
Days on Market40
Property Features for 215 Lake Ave E
General Information
Standard status
Active
Size
3,907 SF
Occupancy
100%
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Building Details
Year Built
2007
Buildings
1
Construction
slab-on-grade
Tenancy
Multi
Listing Agency:
Keller Williams Realty Diversified
(715) 642-0567
Listed By:
Joshua R Amys · License #8588494
Source:
Searchhousesnow
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 25 at 5:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Diversified
Investment Insights
Based on property information with market context.
Built in 2007, this 3,907-square-foot retail property is configured as a zero-entry, slab-on-grade commercial building with three leased units. The west suite is occupied by a nail salon under lease through September 2028. The center suite operates as a 24-hour laundromat and remains leased through September 2026, with the laundry equipment included in the sale. That tenancy also provides use of the adjoining east-side office area, along with the on-site commercial laundry equipment maintained by the tenant.
The property occupies the corner of Lake Avenue East and Highway 8 in Ladysmith, providing frontage along the community’s main corridor. Its position includes views toward the Flowage and direct corner exposure at the intersection. The layout combines established retail occupancy with dedicated office space and specialized laundry improvements.
The property occupies the corner of Lake Avenue East and Highway 8 in Ladysmith, providing frontage along the community’s main corridor. Its position includes views toward the Flowage and direct corner exposure at the intersection. The layout combines established retail occupancy with dedicated office space and specialized laundry improvements.
Key Highlights
- 3,907‑square‑foot retail building constructed in 2007
- Three fully leased commercial units
- Corner position at Lake Avenue East and Highway 8
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 56%
Dining 28%
Shops & Services 15%
Ladysmith Ace Hardware
Home Improvements & Furnishings
7,276 visits/mo
0.4 miles
SUBWAY
Dining
3,678 visits/mo
0.2 miles
U-Haul Neighborhood Dealer
Shops & Services
1,013 visits/mo
0.4 miles
Carquest Auto Parts - Clark Auto Supply
Shops & Services
985 visits/mo
0.2 miles
Demographics for 54848, WI
5,784
Population
3,132
Households
1.8
Avg Household Size
49
Median Age
19%
College-Educated
95%
High-School Grad
190.4 sq mi
ZIP Area
30
Density / Sq Mi
$55,328
Median Household Income
$34,756
Median Earnings
$828
Median Rent
$138,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Zero-entry corner property with three leased commercial units and included laundry equipment.
Where is this retail space located?
The property is located at 215 Lake Ave E Ladysmith, WI.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 3,907‑square‑foot retail building constructed in 2007; Three fully leased commercial units; Corner position at Lake Avenue East and Highway 8
