Ladysmith, WI 54848
New Listing
$249,900
Property Type:
Commercial
Square Footage:
3,800
Lot Size (sq. ft.):
2,614
Status:
Active
Current Price:
$249,900
List Date:
6/16/2026
Last Modified:
6/16/2026
Overview
Description
Listing Details MLS# 7094111
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Waterfront YN
- No
- Year Built
- 1908
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 3800
- Garage Stalls
- 2
- For Sale or Lease
- For Sale
- Acres
- 0.06
- Lot Dimensions
- 100x30
- Assessment Pending
- No
- Other Parking Spaces
- 0
Property Features
Accessible:
None
Air Conditioning:
Wall Unit(s)
CMU Style:
Apartments and Retail
Construction Status:
Previously Owned
Current Use:
Commercial; Residential
Exterior:
Brick/Stone
Fencing:
None
Foundation:
Poured Concrete
Fuel:
Electric; Natural Gas
Heating:
Baseboard; Forced Air
Internet Options:
Fiber Optic
Lot Description:
Irregular Lot
On Site Utilities:
Electric Common; Heating Common
Parking Characteristics:
Off Site
Road Frontage:
City Street; Paved Streets
Sewer:
City Sewer/Connected
Stories:
Two
Water:
City Water/Connected
Contract Information
- Exclusions
- Sellers/ Tenants personal property
- Contingency
- None
- ListPrice
- 249900
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Ladysmith
- County
- Rusk
- State
- WI
- Zip Code
- 54848
Assessments
- Tax With Assessments
- 1608.16
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 28x68
More Information
Building Information
- Building Finished SqFt
- 3800
- Building SqFt
- 3800
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 06
- Section#
- 03
- Township#
- 34
Sale Options
- Sale Includes
- Building
Unit 1
- Unit Number
- Yes
Unit Details
- Total Units
- 3
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- 366551 348360 309124 280761 238/185 SEC 03, T 34 N, R 06 W, NW1/4 of NE1/4 FLAMBEAU FALLS PART OF LOTS 7 & 8 BLOCK 4 DOCUMENT # 366551
- Listing City
- Ladysmith
- Map Page
- 999
- Municipality
- Ladysmith
- School District
- Ladysmith-Hawkins
- School District Phone
- 715-532-5277
- Property ID Number
- 2460011500000
- Tax Year
- 2025
- Tax Amount
- 1608.16
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Exceptional mixed-use investment opportunity! Built in 1908, this solid brick building offers approximately 1,812 square feet per floor and has been exceptionally maintained, remaining in excellent condition. The main level features retail/commercial space with outstanding storefront windows that provide excellent visibility and abundant natural light. The upper level offers two apartments, with all units ready for occupancy. Apartment #1 features 1 bedroom, 1 bathroom, and a spacious kitchen and dining area. Apartment #2 offers 2 bedrooms, 1 bathroom, and a kitchen and dining area. The property has seen many updates throughout the years and includes a full basement, additional storage space beneath the basement, and a detached 2-car garage. A rare opportunity to own a well-maintained, versatile property with income-producing potential and timeless character.
- Directions
- Follow US-53 N, WI-29 E/WI-29 Trunk E and WI-27 N to College Ave W in Ladysmith, continue on College Ave W. Drive to W 2nd St
Accessible
- None
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Fencing
- None
- Yes
Foundation
- Poured Concrete
- Yes
Fuel
- Electric
- Yes
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
- Forced Air
- Yes
Internet Options
- Fiber Optic
- Yes
Lot Description
- Irregular Lot
- Yes
Parking Characteristics
- Off Site
- Yes
Road Frontage
- City Street
- Yes
- Paved Streets
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
CMU Style
- Apartments and Retail
- Yes
Current Use
- Commercial
- Yes
- Residential
- Yes
Add S.pdf ›
Listing Office:
Elite Realty Group, LLC
Last Updated: June - 16 - 2026
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Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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