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215 Lake Avenue E Ladysmith, WI
$315,000 | MLS #1596548
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Property Description:
Give your business a visible home in the heart of Ladysmith! Positioned at Lake Avenue East and Highway 8, this approximately 3,900-square-foot commercial property combines a prominent corner location, on-site parking, and Flambeau Flowage frontage. Two parcels are included, with three distinct commercial spaces and a single-level, zero-entry layout. The west unit is occupied by a nail salon renting for $1,050/month through September 2028, with landlord-paid utilities. The vacant east office and former laundromat space offer room for your own business or future tenants. Explore office, retail, or service-business possibilities, subject to zoning, existing lease terms, and required approvals. The laundromat is closed and not generating operating income; existing laundry equipment remains, with numerous machines reported nonoperational. An opportunity to establish your business location, retain an existing tenant, and shape the remaining space around your plans.
Directions:
Lake Avenue East (Hwy 8). Property is on the corner of Lake Ave E and Hwy 8, near the flowage.
LISTING OFFICE:
Keller Williams Realty Diversified
Property Details
County
Rusk
School District
Ladysmith
Above Grade
3,907 sq. ft.
Below Grade
0 sq. ft.
Year Built
2007
Age
19 yrs old
Style
Commercial
Property Type
CommercialSale
Lot Size
100 x 160 x 120 x 163
Acreage
0.45 acres
Property Taxes
$8,757.62
Tax Year
2025
Features
Basement
None
Cooling
CentralAir, Other, SeeRemarks
Exterior
Log, WoodSiding
Heating
Baseboard, ForcedAir
Lake
Flambeau
Lake Size
288 acre
Roads
CityStreet, Highway
Sewer
PublicSewer
Water
Public
Zoning
Commercial, Shoreline
DAVID DONNELLAN, CCIM
Principal, Commercial Advisor
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Donnellan Real Estate are marked with the NW WI MLS icon. The information, provided by seller, listing broker and other parties, may not have been verified.
DISCLAIMER:
This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This data is updated every business day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This data is current as of: Friday, November 13th, 2026
Copyright © 2026 Northwestern Wisconsin MLS Corporation. All rights reserved.
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