120 1st N St Ladysmith, WI 54848-1370
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.
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Stephen Reisner Dentistry Dental Office
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Shinabery Cycle Sales Auto Parts Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
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Costs & Benchmarks
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Risks
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