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118 W Lake St 3,600 SF Retail Building Lake Mills, WI 53551 $424,900 ($118.03/SF)

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EXECUTIVE SUMMARY

Put Your Business on the Map in Lake Mills! Discover an exceptional opportunity to own a piece of Lake Mills history in this charming commercial building located in the vibrant downtown area. Surrounded by locally loved shops, restaurants, businesses and parks, this property offers prime visibility & endless potential for an owner-occupant or investor. The main level is currently set up as a stylish and welcoming beauty salon, complete with attractive storefront windows and an inviting street presence—ideal for continuing as a salon or converting to another retail or service-based business. High ceilings, historic character, and abundant natural light make the space both functional and appealing. Upstairs, you will find an inviting 3 BR/1 BA apartment perfect for rental income or a live-work arrangement. This historic gem is also a short walk from beautiful Rock Lake, a cherished destination for both locals and visitors. Come be a part of the Legendary Lake Mills Community.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Building Size
3,600 SF
Year Built
1920
Price
$424,900
Price Per SF
$118.03
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.06 AC
Zoning
Comm

NEARBY MAJOR RETAILERS

Sentry
Anytime Fitness
  • Listing ID: 38673738

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 118 W Lake St, Lake Mills, WI 53551

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