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101 Lake Avenue, Ladysmith, WI 54848

101 Lake Avenue Ladysmith, WI 54848 - Ladysmith

For Sale MLS# 1552612

5,616 sq ft Commercial

Data current as of {{getLocalTime('2021-05-14T23:10:40Z')}}


for 101 Lake Avenue

MLS# 1552612

Description for 101 Lake Avenue, Ladysmith, WI, 54848 - Ladysmith

Historical Carnegie library has been meticulously restored into a Bed & Breakfast, featuring 6 private bedrooms which all have a ¾ bath & queen bed. A third-floor owner’s suite with its own balcony overlooking the Ladysmith Flowage, Flambeau River & Memorial Park. A kitchen well equipped and sized right to cater the largest of private gatherings on a 300 square foot overlook, adjacent to a private backyard with a water feature & flower gardens. A private breakfast setting with a window view of the river and backyard, with either a large formal dining area, comfortable family room adjacent. Close to parks, restaurants, golf, and other recreational activities. Large 2 car garage and plenty of parking. Turn key with all furnishing included

Listing Information

Property Type: Commercial

Status: Active

Lot Size: 0.87 Acres

Square Feet: 5,616 sq ft

Year Built: 1907


Garage: No



Property Attached: No

Date Available:

Model Home:


Completion date:



Foundation: Block

Current Use:

Background Check: No


Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Rusk

Days On Market: 23

HERS Score:

Construction Status:

School Information

District: Ladysmith




Interior Features

Square Footage above: 5,616 sq ft

Square Footage below:


Basement: Partial

Additional Interior Features: Furniture, Restrooms-Handicap, Restrooms, Inside Storage, Carpeting, Inventory, Handicap Access


Water: City-Water

Sewer: City Sewer

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features

Parking Description:

Exterior: Brick, Vinyl

Lot View: Water Front View

Lot Dimensions: 0 x 0 x

Farm Type:

Crop Type:

Zoning: Other-See Remarks

Additional Exterior/Lot Features: Lighting

Soil Type:

Tillable Acres:

Waterfront Details

Body of Water: Ladysmith

DNR Lake ID:

Water Front Type: Flowage

Water Frontage: 175 Ft.

Lake Acres: 268

Lake Depth: 12 Ft.

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront: Elevation High 36+

Driving Directions

Highway 27 in Ladysmith to east on Hwy 8 or Lake Ave East

Financial Considerations

Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Owner Occupied

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 246-03464-0000

Tax Amount: $7,749

Tax Year: 2020

HomeStead Description:

Price Changes

$500,000 Original Price
$500,000 Current Price
+$0 Total Change
Date Price Change
4/26/2021 08:32 PM $500,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 101 Lake Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings