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109 S Main Street

Lake Mills, WI 53551
  • $445,000
  • STATUS: Sold
  • ON SITE: 416 Days
  • ID#: 1988160
Sold - 03/31/2025
$445,000
SOLD - 03/31/2025
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,824
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1935
County:

School Ratings & Info

Listing provided by The Lang Group: 414-313-9001

Description

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

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© 2025 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2025-12-11T13:41:25.813.
www.klodowskirealestate.com/homes/156979313
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109 S Main Street Lake Mills, WI 53551

  • Price: $475,000
  • Status: Sold
  • On Site: 416 Days
  • Updated: 40 min ago
  • ID#: 1988160
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,824
SQFT
$0
$/SQFT
1935
Built
Neighborhood:
Lake Mills - C
County:
Jefferson
Area:
Lake Mills - C
Property Description
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
Exterior Features

Building Parking 6-10 spacesOnsitePaved Exterior Brick Loading Docks 0 Location Business district Roof Rubber/membrane Type RetailBeauty/barberOther

Interior Features

Basement FullPoured concrete foundatnSlab/None Ceiling Height Max 12 Ceiling Height Min 8 Commercial Features AlleyPublic rest roomsDisplay windowSecurity systemInside storage Heating Cooling Central airForced air Seating Capacity 11-20 persons Unit1 Gross Sq Ft 1824

Property Features

Annual Operating Expenses 27242 Business Sale Yes City Town Or Village City County Quarter Jefferson NW Documents On File Fixtures & equipmentInventory listP & L statementBlue prints Fuel Natural gas Gross Operating Income 91660 Lease Only No Lease Type Triple net Licenses Other Mailing City Lake Mills Miscellaneous Internet - CableInternet - DSL Net Operating Income 64418 Net Taxes 3035 Occupancy Owner Present Use RetailOther Real Estate Sale Yes Sale Factors Arms Length Sale Includes Business nameEquipmentInventoryFurniture Source Sq Ft Assessor Tax Year 2024 Tenant Pays TaxesHeatAir ConditioningElectricWaterSewerInsuranceJanitorialSnow removalAll expenses Terms Misc Seller may assist Unit1 Annual Rent Per Sq Ft 23 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning commercial

Listing information © 2025 South Central Wisconsin MLS.
Listing provided courtesy of The Lang Group: .



© 2025 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2025-12-11T13:41:25.813.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by The Lang Group: 414-313-9001