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Nick Leavy

nick@iheartexit.com +1(701) 205-1350

$365,000

Est. payment - /mo

3 Baths

0.45 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Menasha Woodenware Cos 1St Add

MLS Listing ID 6815874

Year Built 2007

Annual Tax Amount $7,907

Tax Year 2024

Contingent None

Lot Size 0.450 Acres

Lot Dimensions 100x160x120x163

Property Description

Prime investment opportunity on Ladysmith's main corridor! Positioned on the high-visibility corner of Lake Avenue East and Highway 8, this zero-entry, slab-on-grade commercial building offers unmatched exposure, consistent vehicle traffic, and even uncapitalized views of the Flowage with your own frontage. The building features three fully leased units ready to add to your investment portfolio! The west unit is home to a long-standing nail salon tenant, leased through September of 2028. The middle unit is leased through September 2026 and operating as a 24-hour laundromat and the laundry equipment is included! This lease also includes full use of the adjacent office space (the east unit) and all on-site commercial laundry equipment; maintained by the tenant. Offering a solid tenant mix, stable income, flexible-use layout, and high-traffic corner placement, this is a rare chance to acquire a turn-key income-producing asset in a growing Northwoods community.

Location

State WI

County Rusk

Zoning Business/Commercial

Body of Water [{\"NST_LakeChain\":\"N\", \"WaterBodyName\":\"Ladysmith Flowage (600091638)\", \"WaterBodyKey\":\"127055\", \"LakeDepth\":19, \"BodyOfWaterNumber\":\"600091638\", \"LakeAcres\":268, \"NST_LakeClass\":\"Not Applicable\"}]

Lake Name Ladysmith Flowage (600091638)

Rooms

Basement None

Interior

Heating Baseboard, Forced Air

Cooling Central Air

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot, Paved Lot, Unassigned

Utilities Available Electric Separate

Waterfront Description Other,River Front

View Y/N River

View River

Present Use Laundromat,Office,Professional Service

Road Frontage N

Building

Story One

Foundation 3907

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories One

New Construction false

Schools

School District Ladysmith-Hawkins

Others

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Listed by Joshua Amys • Keller Williams Realty Diversified

Nearby School & Business

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Nick Leavy

+1(701) 205-1350

President License ID: 40668858

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215 Lake AVE E Ladysmith, WI 54848

Nick Leavy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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