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$849,900

  • For Sale
  • Active
  • Retail
  • 10,046 Sq. Ft.
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Over 10,000 sq. ft. of prime commercial space in the heart of Lake Mills! Ideally situated on Main Street, just half a block from the downtown square, this property offers excellent visibility for any business. Its location less than a mile from I-94 also provides easy access for deliveries and supplies. In the past five years, the seller has invested over $80,000 in capital improvements, including five new furnaces, four new central air units, fresh exterior paint, plus updated flooring and interior paint in three rental spaces. Along with abundant street parking, the property features a large, paved lot behind the building, ensuring convenience for tenants and customers alike.

Full Property Details for 316 N Main St

General

  • Price: $849,900
  • Taxes: $7,506 (2024)
  • Status: Active
  • Type: Retail
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2008558
  • Updated: 1/8/2026
  • Added to Site: 203 day(s) ago

Additional Information

  • Other Features: High Speed Internet, Overhead Doors, Restroom(s), Private Restrooms, Shared Restrooms

Parking

  • Parking Features: 21 to 35 Spaces, On-Site Parking, Paved Lot

Location

  • Municipality: Lake Mills
  • County: Jefferson
  • Driving Directions: From I-94 go S on Hwy 89 (Main St). Property on L.

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air, Central Air Conditioning, Zoned Heating

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: High Speed Internet Available

Structural Information

  • Description/Design: Freestanding
  • Basement Desc.: None, None/Slab
  • Roof: Metal, Flat, Rubber/Membrane
  • Square Feet: 10,046
  • Square Feet Range: 5001 or More
  • Sq. Ft. Source: Appraisal
  • Year Built: 1952

Unit Information

  • Units in Building: 6

Lot Features

  • Zoning: B-2

Financial Considerations

  • Tax Amount: $7,506
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Seller's & tenants personal property. Water softener rented.
  • Inclusions: None

Listed by RE/MAX Community Realty

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— 316 N Main St —

  • RE/MAX Community Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 316 N Main St

School District:Lake Mills Area School District
NameGradesDistance
Lake Mills Middle School
318 College Street, Lake Mills, WI 53551
5-80.2 mi
Lake Mills Elementary School
155 East Pine Street, Lake Mills, WI 53551
PK-40.4 mi
Lake Mills High School
615 Catlin Drive, Lake Mills, WI 53551
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 N Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$849,900
-5.56%
MLS
11/07/2025
Price Reduced
$899,900
-6.75%
MLS
10/17/2025
Price Reduced
$965,000
-2.53%
MLS
9/11/2025
Listed
$990,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 316 N Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,061
21%
$545,500
58%
2024
$7,506
-2%
$344,600
1%
2023
$7,625
2%
$342,200
-2%
2022
$7,448
-3%
$350,200
-5%
2021
$7,684
—
$368,300
-4%
2020
$7,714
-3%
$384,800
-2%
2019
$7,981
5%
$391,000
17%
2018
$7,595
-3%
$333,300
-5%
2017
$7,864
-5%
$349,100
-4%
2016
$8,279
—
$362,800
-3%
2015
$8,290
—
$374,400
1%
2014
$8,255
-6%
$371,400
-4%
2013
$8,776
—
$385,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Community Realty

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316 N Main Street, Lake Mills, WI 53551 (MLS# 2008558) is a Retail property. 316 N Main Street is currently listed for $849,900 and was received on September 11, 2025. Want to learn more about 316 N Main 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.

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