134 E Lake St Lake Mills, WI 53551
Estimated payment $2,334/month
About This Home
Prime Mixed-Use Investment Opportunity! Discover the perfect blend of business and stability in this side-by-side commercial property featuring two distinct spaces under one roof. One side offers a modern office/showroom setup ideally for professional services, retail display, or client meetings complete with a private office and additional storage space in the basement. The other side is home to a locally recognized pizza restaurant, a staple in the community with a long-term lease already in place. This established business space includes a commercial hood system, coolers, and dedicated basement storage and office areas. Whether you're an investor seeking steady rental income or an owner-occupant looking to operate your business next to a proven tenant, this space is for you.
Listing Agent
Compass RE WI-Northshore License #79449-94 Listed on: 11/14/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,032
Parking
- 4 Parking Spaces
Home Design
- 3,000 Sq Ft Home
- Brick Exterior Construction
- Rubber Roof
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Additional Features
- 4,356 Sq Ft Lot
- 220 Volts
Listing and Financial Details
- Exclusions: Seller and Tenant's Personal Property.
- Assessor Parcel Number 246-0713-1322-020
Community Details
Amenities
- Office
Building Details
- Operating Expense $6,875
- Gross Income $28,800
- Net Operating Income $21,925
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 | $4,032 | $186,500 | $29,700 | $156,800 |
| 2023 | $4,123 | $186,500 | $29,700 | $156,800 |
| 2022 | $3,936 | $186,500 | $29,700 | $156,800 |
| 2021 | $3,860 | $186,500 | $29,700 | $156,800 |
| 2020 | $3,708 | $186,500 | $29,700 | $156,800 |
| 2019 | $3,772 | $186,500 | $29,700 | $156,800 |
| 2018 | $4,045 | $178,800 | $29,400 | $149,400 |
| 2017 | $3,996 | $178,800 | $29,400 | $149,400 |
| 2016 | $4,046 | $178,800 | $29,400 | $149,400 |
| 2015 | $3,923 | $178,800 | $29,400 | $149,400 |
| 2014 | $3,939 | $178,800 | $29,400 | $149,400 |
| 2013 | $4,035 | $178,800 | $29,400 | $149,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $379,900 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $186,600 | None Listed On Document | |
| Deed | $186,600 | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,200 | New Conventional | |
| Closed | $185,200 | New Conventional |
Source: Metro MLS
MLS Number: 1942957
APN: 246-0713-1322-020
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