$750,000

0 Beds 0 Baths 12,200 Sqft

100 N Water Street, Lake Mills, WI 53551

Property Type: Commercial
Time on Market: 13 days
Price per Sqft: $61
Total Taxes: $8,373
Est. Age: 21+ Years

Description

Own a piece of Lake Mills history! This historic, mixed-use property once housed the Lake Mills Shoe Company, a key local industry that helped shape the community during the early 20th century. In 1918, Watertown industrialist Edward C. Wolfram explored opening a shoe factory in Lake Mills. The Lake Mills Businessmen?s Association renewed the effort in 1919, leading Wolfram to establish operations in the former Hotel Central building on South Main Street. The factory specialized in infants? shoes and became part of Wolfram?s regional manufacturing network, alongside plants in Watertown, Madison and Waterloo. Today the property offers 4 commercial rental spaces and 7 residential units, creating an investment opportunity with diversified income potential. More than simply a building, it reflects an era when local enterprise, skilled workers and civic leadership fueled Lake Mills? growth. Preserve an authentic landmark while writing its next chapter in the heart of this vibrant community.

Property Details

Interior

Appliances:
  • Window A/C
Basement:
  • Full, Block
Heating/Cooling:
  • Forced Air, Radiant
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 12,200
  • Lot Sqft Source: Owner
  • Estimated Sqft Range: 5001 or more

Exterior

Parking:
  • Details: 21-35 spaces, On Site, Paved Lot
Roofing:
  • Flat,Rubber/Membrane
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Business For Sale:
  • N
Commercial:
  • Features: High Speed Internet, Restroom(s), Public Rest Rooms, Private Restrooms, Residential unit(s)
New Construction:
  • N
Postal:
  • Code: 53551
Real Estate Included:
  • Y
Street:
  • Direction Prefix: N
  • Name: WATER Street
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • COMMERCIAL

Map

Listing Agent-Provided Directions:
  • MAIN ST SOUTH TO WATER ST, PROPERTY ON THE CORNER OF MAIN/WATER

Monthly Payment Calculator

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Schools and Neighborhood

Postal City:
  • Lake Mills
Municipality:
  • Name: LAKE MILLS
  • Type: City
County:
  • JEFFERSON

Market Comparison

How this property compares to local market averages — calculated 9/14/2026

This Property
Lake Mills Commercial Property Avg
Jefferson County Commercial Property Avg
List Price
$750,000
$595,833
$486,396
Median Price
—
$572,500
$395,000
Price / Sq Ft
$61
$101
$111
Days on Market
13 days
124 days
195 days
Total Listings
—
6
37

Listing Information

  • Time on Market: 13 days
  • Place Perfect Last Updated: 2026-08-31 15:40:21
  • MLS Number: 2031690
  • Subsystem Locale: WIREX_SCW
  • Listing Office: NextHome Midwest
  • Listing Agent: Chris Alexander

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