$395,000

0 Beds 0 Baths 2,800 Sqft

106 Water Street, Lake Mills, WI 53551

Property Type: Commercial
Building Type: Free Standing
Time on Market: 3 days
Price per Sqft: $141
Total Taxes: $3,520
Est. Age: 21+ Years

Description

Position your business for long-term success with ownership of this versatile mixed-use commercial property in a desirable downtown location. Offering flexible zoning & functional layout, this property provides an excellent opportunity for an owner-occupant, investor, or entrepreneur looking to establish a strong presence in the heart of the community. Property is well suited for a variety of business models, professional offices, retail, service-based businesses, or a combination of uses. Multiple entrances provide flexibility accommodating multiple tenants, while handicap accessibility adds convenience for both customers & employees. Significant improvements with mechanical systems updated from the roof to the basement. Updates provide peace of mind without the immediate burden of major improvements. Private courtyard adds uncommon amenity to this commercial property & offers additional possibilities for employee use, outdoor meetings or enhancing the customers experience.

Property Details

Interior

Basement:
  • Partial, Walk Out/Outer Door, Poured Concrete, Block
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,800
  • Lot Sqft Source: Other - See Remarks
  • Estimated Sqft Range: 2501-3000

Exterior

Parking:
  • Details: Off Site
Roofing:
  • Rubber/Membrane,Other
Water:
  • Features: Waterfrontage on Lot
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Business For Sale:
  • N
Commercial:
  • Features: High Speed Internet, Restroom(s), Public Rest Rooms, Private Restrooms, Inside Storage, Outside Storage
New Construction:
  • N
Postal:
  • Code: 53551
Real Estate Included:
  • Y
Street:
  • Name: Water Street
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • B-1 Downto

Map

Listing Agent-Provided Directions:
  • Hwy 89 (Main St) south of the city park to Water St.

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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 8/30/2026

This Property
Lake Mills Commercial Property Avg
Jefferson County Commercial Property Avg
List Price
$395,000
$457,533
$430,533
Median Price
$203,800
$300,000
Price / Sq Ft
$141
$63
$102
Days on Market
3 days
127 days
178 days
Total Listings
6
41

Listing Information

  • Time on Market: 3 days
  • Place Perfect Last Updated: 2026-08-26 09:52:06
  • MLS Number: 2031287
  • Subsystem Locale: WIREX_SCW
  • Listing Office: RE/MAX Property Shop
  • Listing Agent: Roxane Schiller
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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