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
- WI
- Lake Mills
- 53551
- 109 S Main Street
- MLS# 1988160
- Date Listed10/20/2024
- Bedrooms -
- Bathrooms
- Lot Size 0.09 acres (3,920 sq. ft)
- Sewer Public Sewer
- Property Type Business
- County Jefferson
- Water Public
Interior Features
- Appliances Dryer
- Cooling Central Air
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.09
- Lot Size SQFT 3,920.40
- Lot Features -
Directions
Just south of the Main Street and Lake Street intersection in downtown Lake Mills.
Financial Considerations
- Tax Amount $3,035
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Prospect Street Elementary School
Public • PK - 4 • Serves this home
1.08 mi
Distance
Public • 5 - 8 • Serves this home
0.2 mi
Distance
Public • 9 - 12 • Serves this home
0.97 mi
Distance
Prospect Street Elementary School
Public • PK - 4 • Serves this home
1.08 mi
Distance
Public • 5 - 8 • Serves this home
0.2 mi
Distance
Public • 9 - 12 • Serves this home
0.97 mi
Distance
Private • 09 - 12
1.08 mi
Distance
Sales & Tax History
Source: Public Records
| Date | Event | Price |
|---|---|---|
| 10/20/2024 | Active | $475,000.00 |
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 128 Church St | 4 | 1 | Oct 30, 2025 | $229,900 |
| 222 East Washington St | 4 | 1 | Oct 30, 2025 | $214,900 |
| 227 West Madison St | 2 | 1 | Oct 30, 2025 | $199,000 |
| 322 East Washington ST | 4 | 3 | Oct 30, 2025 | $325,000 |
| 202 Trail View Ln | 3 | 2 | Oct 30, 2025 | $419,800 |
| 118 South Oak St | 2 | 2 | Oct 30, 2025 | $149,900 |
| 321 Water St | 3 | 2 | Oct 30, 2025 | $195,000 |
| 402 East Lake st | 3 | 2 | Oct 30, 2025 | $210,000 |
| 148 East Washington St | 5 | 2 | Oct 30, 2025 | $280,000 |
| 210 East Madison St | 4 | 2 | Oct 30, 2025 | $314,900 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 8,791 | 5,861 | 85,888 | 335,858,263 |
| Population Density | 214 | 1,400 | 154 | 95 |
| People per Household | 2.5 | 2.4 | 2.5 | 2.6 |
| Median Age | 42.4 | 40.8 | 40.5 | 39.1 |
| Median Income | $75,596 | $72,408 | $68,223 | $66,222 |
| Average Income | $36,156 | $33,780 | $32,477 | $35,475 |
| Cost of Living Index | 94 | 91 | 94 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 8.4°F | 8.4°F | 7.61°F | 22.6°F |
| July Avg. High Temp | 83.8°F | 83.8°F | 83.01°F | 86.2°F |
| Annual Precipitation | 34.38" | 34.38" | 34.45" | 38" |
69/100
Somewhat Walkable
Walk Score ®
53/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 26/100.
Property Change History
Points of Interest near 109 S Main Street, Lake Mills, WI 53551
106 ft
Distance
158 ft
Distance
211 ft
Distance
317 ft
Distance
370 ft
Distance
792 ft
Distance
106 ft
Distance
158 ft
Distance
211 ft
Distance
317 ft
Distance
370 ft
Distance
528 ft
Distance
634 ft
Distance
792 ft
Distance
53 ft
Distance
106 ft
Distance
158 ft
Distance
211 ft
Distance
211 ft
Distance
370 ft
Distance
370 ft
Distance
581 ft
Distance
581 ft
Distance
581 ft
Distance
53 ft
Distance
528 ft
Distance
53 ft
Distance
528 ft
Distance
53 ft
Distance
528 ft
Distance
475 ft
Distance
845 ft
Distance
475 ft
Distance
845 ft
Distance
264 ft
Distance
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Frequently Asked Questions for 109 S Main Street
Source: Realty.com
109 S Main Street, Lake Mills, WI 53551 is a Business, Commercial Sale property listed for $475,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 12 photos of 109 S Main Street.
The full address for this home is 109 S Main Street, Lake Mills, WI 53551.
109 S Main Street has been listed on Realty.com since Sun October 20, 2024
Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 26/100.
There are 3 schools assigned to this home. Check out the schools near 109 S Main Street. Prospect Street Elementary School (Grades: PK - 4), Lake Mills Middle School (Grades: 5 - 8), Lake Mills High School (Grades: 9 - 12)
Listing provided courtesy of:
The Lang Group
(tel: 414-313-9001)
Listing agent:
James R Lang
(tel: 414-313-9001)
(#50685)
This content last refreshed on 2025-12-11 15:13:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 109 S Main Street, Lake Mills, WI 53551 : MLS# 1988160