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$849,900 -$50,000 (-5.56%) Price Reduced

  • For Sale
  • Active
  • Retail
  • 10,046 Sq. Ft.
  • Updated 3 days ago
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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: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1934883
  • Updated: 1/12/2026
  • Added to Site: 125 day(s) ago

Additional Information

  • Other Features: Restrooms

Parking

  • Total Spaces: 2135

Location

  • Municipality: City
  • County: Jefferson
  • Driving Directions: From I-94 go S on Hwy 89 (Main St). Property on the L.
  • Dist. to Freeway: 1 to 3 Miles
  • Location Details: Business District, Corner, Freestanding

Heating & Cooling

  • Heating/Cooling: Central Air Conditioning, Natural Gas

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Structure Type: Office(s), Professional Service, Retail
  • Exterior Const.: Aluminum Siding, Brick, Wood
  • Basement Desc.: None
  • Roof: Metal, Rubber
  • Ceiling Height: 11 to 15 Feet, 8 to 10 Feet
  • Drive-In Clearance: 9 to 12 Feet
  • Stories Description: 1
  • Square Feet: 10,046
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 0.6
  • Frontage: State Road
  • Zoning: B-2

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $7,506
  • Tax Year: 2024

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 Pitney Bowes 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
1/12/2026
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
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 St, Lake Mills, WI 53551 (MLS# 1934883) is a Retail property. 316 N Main St is currently listed for $849,900 and was received on September 11, 2025. Want to learn more about 316 N Main St? 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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