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$424,900
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Property Description
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-wo
Full Property Details
Full Property Details for 118 W Lake St
General
- Sold For: $424,900
- Taxes: $3,068 (2024)
- Status: Closed
- Type: Retail
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2013451
- Added to Site: 43 day(s) ago
Additional Information
- Other Features: Restroom(s), Public Restrooms, Residential Unit(s), Reception Area, Inside Storage
Parking
- Parking Features: 1 to 5 Spaces
Location
- Municipality: Lake Mills
- County: Jefferson
- Driving Directions: From I-94 go S on Hwy 89, R on W Lake St
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Freestanding
- Basement Desc.: Full
- Roof: Rubber/Membrane
- Square Feet: 3,600
- Square Feet Range: 3501 to 5000
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 1920
Unit Information
- Units in Building: 2
Lot Features
- Zoning: Commercial
Financial Considerations
- Tax Amount: $3,068
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Seller and Tenant Personal Property, barber pole
- Inclusions: Stove, refrigerator, dishwasher, 2 shampoo bowls, 2 pedi thrones, safe in basement, dishwasher on main level, 2 window AC units in apartment, piano in apartment
Listed by RE/MAX Community Realty
Sold by Shine Realty
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Schools
Schools serving 118 W Lake St
School District:Lake Mills Area School District
| Name | Grades | Distance |
|---|---|---|
Lake Mills Middle School 318 College Street, Lake Mills, WI 53551 | 5-8 | 0.2 mi |
Lake Mills Elementary School 155 East Pine Street, Lake Mills, WI 53551 | PK-4 | 0.6 mi |
Lake Mills High School 615 Catlin Drive, Lake Mills, WI 53551 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 W Lake St
Date
Details
Price
Change
Source
12/30/2025
Sold
$424,900
—
MLS
12/05/2025
Listed
$424,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 W Lake Street, Lake Mills, WI 53551 (MLS# 2013451) is a Retail property that was sold at $424,900 on December 30, 2025. Want to learn more about 118 W Lake Street? Do you have questions about finding other Retail real estate for sale in Lake Mills? You can browse all Lake Mills real estate or contact a Coldwell Banker agent to request more information.

