Lake Mills, WI 53551,109 S Main Street
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Lake Mills, WI 53551,109 S Main Street
Lake Mills, WI 53551,109 S Main Street
Lake Mills, WI 53551,109 S Main Street
Lake Mills, WI 53551,109 S Main Street
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Listed by The Lang Group
$ 475,000
Est. payment /mo
Save
Pending

109 S Main Street Lake Mills, WI 53551

1,824 SqFt


UPDATED:

02/18/2025 09:32 PM

Key Details

Property Type Commercial

Sub Type Retail,Beauty/barber,Other

Listing Status Pending

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $260

MLS Listing ID 1988160

Year Built 1935

Annual Tax Amount $3,035

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Retail,Beauty/barber,Other

Property Description

Unique Opportunity for an Income-Producing Business with Real Estate 2024 NOI $64,418 Laundromats consistently rank among the top five real estate investments for cash flow. This property offers a rare chance to own a fully renovated laundromat paired with real estate. The renovation, completed in September 2020, included significant upgrades: New Roof HVAC system Water heater and softener Handicapped-accessible bathroom Updated insulation LED lighting Plumbing and electrical systems Basement floor New window and back door Awning installation The sale includes over $200,000 worth of new laundry machines purchased since 2020, with the most recent additions, November 2024. This turn-key investment combines a modernized facility with high-quality equipment, ensuring a reliable income stream

Location

State WI

County Jefferson

Area Lake Mills - C

Zoning commercial

Direction Just south of the Main Street and Lake Street intersection in downtown Lake Mills.

Rooms

Basement Full, Slab/None, Poured concrete foundatn

Interior

Heating Forced air, Central air

Cooling Forced air, Central air

Inclusions laundromat washers, dryers, vending machines, etc for the operation of the Laundromat business. Please refer to inventory list included in documents

Exterior

Parking Features 6-10 spaces, Onsite, Paved

Roof Type Rubber/membrane

Building

Story 1

Water Municipal water, Municipal sewer

Structure Type Brick

Others

SqFt Source Assessor

Energy Description Natural gas

Acceptable Financing Seller may assist

Listing Terms Seller may assist


South Central Wisconsin MLS (SCWMLS)
agent

Melissa Dix

Agent | License ID: 83984-94

+1(608) 434-8909

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