118 W Lake St Lake Mills, WI 53551
Estimated payment $2,491/month
About This Home
Put Your Business on the Map in Lake Mills! This historic commercial building, located in the vibrant downtown area, is surrounded by popular shops, restaurants, businesses and parks. The property offers prime visibility and endless potential for an owner-occupant or investor. The main level is currently set up as a welcoming beauty salon with attractive storefront windows and an inviting street presence. Continue as a salon or convert to another retail or service-based business. High ceilings, historic character, & great natural light make the space both functional and appealing. Upstairs is an inviting 3 BR/1 BA apartment perfect for rental income or a live-work arrangement. This gem is also a short walk from beautiful Rock Lake, a cherished destination for both locals and visitors.
Property Details
Property Type
- Other
Est. Annual Taxes
- $3,068
Lot Details
- 2,178 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 3,600 Sq Ft Home
- Storage
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Exclusions: Seller and Tenant Personal Property, barber pole
- Assessor Parcel Number 24607131322079
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,068 | $142,600 | $18,500 | $124,100 |
| 2023 | $3,136 | $142,600 | $18,500 | $124,100 |
| 2022 | $2,995 | $142,600 | $18,500 | $124,100 |
| 2021 | $2,936 | $142,600 | $18,500 | $124,100 |
| 2020 | $2,821 | $142,600 | $18,500 | $124,100 |
| 2019 | $2,869 | $142,600 | $18,500 | $124,100 |
| 2018 | $2,953 | $131,300 | $18,400 | $112,900 |
| 2017 | $2,917 | $131,300 | $18,400 | $112,900 |
| 2016 | $2,953 | $131,300 | $18,400 | $112,900 |
| 2015 | $2,863 | $131,300 | $18,400 | $112,900 |
| 2014 | $2,875 | $131,300 | $18,400 | $112,900 |
| 2013 | $2,945 | $131,300 | $18,400 | $112,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | Pending | -- | -- | -- |
| 12/05/2025 12/05/25 | For Sale | $424,900 | -- | $118 / Sq Ft |
Source: Metro MLS
MLS Number: 1944684
APN: 246-0713-1322-079
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