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$750,000
ACTIVE Status
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.

100 N Water Street, Lake Mills

Listing courtesy of NextHome Midwest.

$395,000
ACTIVE Status
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.

106 Water Street, Lake Mills

Listing courtesy of RE/MAX Property Shop.

$480,000
ACTIVE Status
This is a rare find! Lake Mills waterfront property on an oversized lot with an unbeatable location. Situated on the Mill Pond, with direct access to Rock Lake and just a couple of blocks from downtown Lake Mills & Bartels Beach. This tri-plex is a great opportunity whether you're an investor or looking for the perfect owner-occupied property. Currently operating as a 3-unit multifamily with strong rental history. The vacant unit has been recently updated so you can move right in and have tenants pay your mortgage. Enjoy the prime location and peaceful backyard views of the water. The right renovation could transform this into a stunning water-front single family home. This property is spacious, unique and deserves a closer look. Also listed as Single Family MLS #1965982

408 W Lake Street Unit 408 1/2, Lake Mills

Listing courtesy of eXp Realty.

Copyright 2026 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.

Copyright 2026 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.