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Property profile & analytics
OFF-MARKET
Commercial real estate

120 1st N St Ladysmith, WI 54848-1370

0.05 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-1987032
Property summary
AI-generated overview

This exceptional 2,100 square foot commercial building is situated on a 0.05-acre lot at 120 1st Street in Ladysmith, Wisconsin. Its prime location on a main highway ensures high visibility and significant drive-by traffic, making it ideal for a variety of businesses. The property boasts a rich history, having been completely rebuilt in 2001 following a tornado. Previously operating as a successful cycle and ATV sales and service company, this building offers immense potential for a wide range of commercial ventures. Imagine establishing a retail store, a cozy coffee shop, a unique gift shop, or a charming cafe, all benefiting from the existing high traffic flow. The substantial upstairs space presents numerous possibilities. It could serve as valuable storage, an expansion of your business, a versatile meeting or gathering area, workshops, or even a dance studio. Alternatively, subject to City of Ladysmith approval, the upper level could be converted into an apartment, providing convenient living space above your business. The asking price for this versatile property is $120,000. Interested parties are encouraged to contact the City of Ladysmith to confirm the feasibility of their intended use.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.05 ac (2,178 SF)
APN 246-01120-0000
UPID US92-1987032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stephen Reisner Dentistry Dental Office
  • Shinabery Cycle Sales Auto Parts Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jeremy J Overland · 1 yrs held
Jeremy J Overland
since 2025
Last sale
$100,000
4 recorded transactions
2025
$100,000
2024
Price N/A
2021
Price N/A
2021
$49,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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