Neighborhood Center Investment Opportunity!

Highlights:

• Acreage 6.538
• Building Parcel 5.12 Acres
• Tenants occupy (2) 3000 Sf and (1) 1250 SF
• Short term leases can be extended
• Leased spaces each have their own restroom facilities
• Utility meters for water, gas and electric for each unit
• 2 loading docks with levelers
• Exterior cube van dock
• 9 Natural Gas HVAC roof top units
• Entire complex is sprinklered

Description:

This 54,000 SF neighborhood shopping center, built in 2000 on 6.5 acres, is ideally positioned for a medium-box retailer or owner‑user seeking a highly functional, modern facility in a strong regional hub. Approximately 45,000 SF is available for lease, offering an efficient open floorplate that can accommodate a wide range of retail, medical, fitness, or service uses with excellent visibility and convenient on-site parking. The property’s generous site area provides flexibility for signage, loading, and potential future site enhancements.

Currently home to three tenants on short-term leases, the center offers both in‑place income and the opportunity to extend or re-tenant for additional upside. Each unit is separately metered for water, electric, and gas, and includes its own private restroom, simplifying operations for both landlord and occupants. This configuration allows an investor or owner‑user to control operating expenses, tailor spaces to individual user needs, and create a balanced rent roll while capitalizing on a well-built, contemporary neighborhood center.

Ladysmith is a small county-seat community in northwestern Wisconsin situated on the Flambeau River. The Shopping center is located on highway 27 the main North/South corridor through town.

This neighborhood shopping center is strategically positioned in Ladysmith, the county seat and primary service hub for Rusk County, drawing from a regional trade area far larger than its small-city population suggests. Anchored in a compact, easily navigable community along the Flambeau River, the center benefits from steady year-round traffic powered by local residents, regional employees, and a strong base of retirees and rural resort homeowners. Tenants tap into a loyal customer base seeking convenient everyday goods and services close to home, while also capturing demand from visitors and seasonal residents attracted to Ladysmith’s recreation, healthcare, and employment core. The market’s stable demographics, pro-business local leadership, and ongoing downtown and community reinvestment create an attractive environment for retailers and service providers seeking long-term growth in a relationship-driven, under-served trade area.

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