118 W Lake St Lake Mills, WI $ 424,900
118 W Lake St
$ 424,900
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118 W Lake St

Lake Mills, WI, 53551
$ 424,900
Bedrooms-- Baths-- Sq 3,600

Monthly Estimate*

$ 2,651

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Commercial Property for sale in Lake Mills, WI

for $424,900. This 3,600 square foot building was built in 1920 on a lot size of 0.05.

Put Your Business on the Map in Lake Mills! This historic commercial building, located in the vibrant downtown area, is surrounded by popular shops, restaurants, businesses and parks. The property offers prime visibility and endless potential for an owner-occupant or investor. The main level is currently set up as a welcoming beauty salon with attractive storefront windows and an inviting street presence. Continue as a salon or convert to another retail or service-based business. High ceilings, historic character, & great natural light make the space both functional and appealing. Upstairs is an inviting 3 BR/1 BA apartment perfect for rental income or a live-work arrangement. This gem is also a short walk from beautiful Rock Lake, a cherished destination for both locals and visitors.

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Commercial Active

Price

$ 424,900

Property Type

Commercial

Taxes

$ 3,068

Style

Salon/Barber Shop

Lot Size

0.05

Year Built

1920

Town/City

Lake Mills

County/Region

Jefferson

MLS | Web ID

1944684

Features
General
Road Frontage Town/City Road
Parking 0.00
Zoning Comm
Year Built 1920
County Jefferson
Miscellaneous Inside Storage Living Space Avail. Rest Rooms
Property Type G
Location Business District Free Standing
Municipality City
Tax Year 2024
Directions From I-94 go S on Hwy 89 R on W Lake St
City Lake Mills
Taxes 3068.00
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Interior
Basement Full
Heating/Cooling Hot Water/Steam Natural Gas
Stories 2
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Exterior
Exterior Brick
Roofing Rubber
Flood Plan No
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* Excluded Features
List By
Re/Max Community Realty

Broker

barryluce@remax.net

Email

Affordability Calculator

$2,906
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$256
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$424,900 Listed Price

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118 W Lake St, Lake Mills, WI, 53551 is a Commercial Property for sale at $424,900 with 3,600 sqft and a lot size of 0.05. 118 W Lake St was built in 1920. The property's zip code is 53551 which is in Lake Mills, WI