Mixed-Use Property with Three
215 Lake Avenue E, Ladysmith, WI 54848
For Sale
$315,000
CommercialSale, Ladysmith, WI
Property Size3,907 SF
Lot Size0.45 Acres
Price / SF$80.62
Days on Market364
Property Features for 215 Lake Avenue E
General Information
Property type
Property subtype
Zoning description
Accessibility
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Corner Location
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Water front
Amenities
on-site parking
Flambeau Flowage frontage
zero-entry layout
Building Details
Year built
Building materials
Listing Agency:
Keller Williams Realty Diversified
(715) 514-4265
Listed By:
Joshua Amys · License WI 85884-94
(715) 642-0567
Added: Nov 14, 2025
Changed: Oct 28
Last Checked: Nov 12 at 6:06AM
MLS# 1596548
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,907-square-foot mixed-use property contains three commercial spaces across two parcels totaling 0.45 acres. The single-level building has a zero-entry layout and was built in 2007. A nail salon occupies one space under a lease running through September 2028; the office and former laundry areas are vacant. Laundry equipment remains in place, although numerous machines are reported nonoperational.
The property fronts the Flambeau Flowage at the Lake Avenue East and Highway 8 corner in Ladysmith. Public water and sewer serve the site. The existing configuration combines occupied and vacant commercial space within one property.
The property fronts the Flambeau Flowage at the Lake Avenue East and Highway 8 corner in Ladysmith. Public water and sewer serve the site. The existing configuration combines occupied and vacant commercial space within one property.
Key Highlights
- 3,907‑square‑foot building on 0.45 acres across two parcels
- Three commercial spaces in a single‑level, zero‑entry layout
- Corner location at Lake Avenue East and Highway 8, with Flambeau Flowage frontage
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The single-level layout includes an occupied salon, a vacant office, and a separate former laundry area.
Where is this mixed-use property located?
The property is located at 215 Lake Avenue E Ladysmith, WI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 3,907‑square‑foot building on 0.45 acres across two parcels; Three commercial spaces in a single‑level, zero‑entry layout; Corner location at Lake Avenue East and Highway 8, with Flambeau Flowage frontage
