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Lake Mills, WI Multifamily Properties for Sale

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Downtown Lake Mills Commercial Building
$424,900

Downtown Lake Mills Commercial Building

118 W Lake St, Lake Mills, WI 53551

Charming commercial building in downtown Lake Mills with retail and apartment.

  • Prime downtown location in Lake Mills surrounded by shops, restaurants, businesses, and parks.
  • High visibility and attractive storefront ideal for retail or service‑based business.
  • Includes a 3 BR/1 BA apartment upstairs for rental income or owner occupancy.
  • Currently set up as a stylish and welcoming beauty salon.
  • Historic character with high ceilings and abundant natural light.
Last Update: Dec 5
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Victorian Home on Large Lot
$375,000
0.75 Acres

Victorian Home on Large Lot

800 N Main St, Lake Mills, WI 53551

Versatile property with multi-family zoning and commercial potential.

  • Large 3/4‑acre lot with multi‑family zoning and potential for expansion up to a 6‑family dwelling.
  • Strong potential for commercial rezoning due to adjacency to commercial zoning and high visibility on Main Street.
  • Versatile property configurable as a 2‑family residence or convertible back to a single‑family home.
  • Large 28x40 detached garage/storage building provides ample space for vehicles or hobbies.
  • Convenient location just off I‑94.
Last Update: Aug 1
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Mills, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Downtown Mixed-Use Property
$613,000

Historic Downtown Mixed-Use Property

Updated mixed-use property in Sun Prairie's vibrant historic downtown.
104 E Main St, Sun Prairie, WI 53590
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Income Opportunity in Columbus, WI
$499,900
0.44 Acres

Income Opportunity in Columbus, WI

Apartment building with garage, offering income potential.
N611 Hwy, Columbus, WI 53925
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New
Sun Prairie Four-Unit Multifamily Property
$899,999
0.33 Acres

Sun Prairie Four-Unit Multifamily Property

Well-maintained four-unit property in Sun Prairie, Wisconsin, with income potential.
1191-1199 Stonewood Xing, Sun Prairie, WI 53590
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Historic Mansion with Income Potential
$899,000

Historic Mansion with Income Potential

Versatile property near downtown with business and residential opportunities.
229 N Ludington St, Columbus, WI 53925
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Lake Mills, WI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Lake Mills, WI on our real estate platform. These investment opportunities span a total of 32,670 square feet of properties for sale, with an estimated market value of $375,000.

Prices for multifamily properties in Lake Mills, WI start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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