109 S Main Street new

Lake Mills,WI 53551

$ 475000

- Bed

- Bath

1824 SqFt


Key Details

Property Type Commercial

Sub Type Retail,Beauty/barber,Other

Listing Status Active

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 Description

Laundromat business, fully upgraded in 2020 with brand-new machines. Sale includes both the business and the real estate. Net Operating Income for 2024 is projected at $59,898. Located in downtown Lake Mills, with front and back entrances and ample parking, and retail presence. Financials have been increasing regularly and there is room for much improvement in the operations for a Laundromat and real estate located in this wonderful community.

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.

Exterior

Garage 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

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