Lake Mills WI Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 1,824
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- WIREX_SCW1988160
View additional info
Courtesy: The Lang Group
414-313-9001
ADDITIONAL INFORMATION
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
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Lake Mills Real Estate
The median home value in Lake Mills, WI is $354,250. This is higher than the county median home value of $282,100. The national median home value is $338,100. The average price of homes sold in Lake Mills, WI is $354,250. Approximately 65.32% of Lake Mills homes are owned, compared to 24.06% rented, while 10.62% are vacant. Lake Mills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Mills real estate agent to arrange a tour today!
Lake Mills, Wisconsin has a population of 6,194. Lake Mills is more family-centric than the surrounding county with 33.29% of the households containing married families with children. The county average for households married with children is 28.75%.
The median household income in Lake Mills, Wisconsin is $72,770. The median household income for the surrounding county is $71,735 compared to the national median of $69,021. The median age of people living in Lake Mills is 37.5 years.
Lake Mills Weather
The average high temperature in July is 83 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 36.1 inches per year, with 37.6 inches of snow per year.