110 2Nd St Ladysmith, WI 54848

This exceptional commercial property, located at 110 W 2nd Street in the heart of downtown Ladysmith, Wisconsin, presents a unique investment opportunity. The building boasts a total of 3,800 square feet situated on a 0.06-acre lot. The main level offers versatile retail space, ideal for a variety of businesses, benefiting from high visibility and foot traffic in a thriving downtown area. Above the retail space are two income-generating apartments. Apartment one includes one bedroom, one bathroom, and a combined kitchen and dining area. Apartment two offers two bedrooms, one bathroom, and a combined kitchen and dining area. Both apartments are currently leased on a month-to-month basis, generating a combined monthly rental income of $2,250. The property has undergone significant updates, enhancing its appeal and functionality. A full basement provides ample storage space, and an additional, separate area beneath the basement offers even more storage capacity. This property is a turnkey operation, offering immediate cash flow and significant potential for future growth. The combination of retail space and residential units creates a diversified income stream, making this an attractive investment for both seasoned and new investors. Don't miss this chance to acquire a prime commercial property in a desirable downtown location.