Ashland, WI Commercial Real Estate for Sale

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26 properties
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Mixed-Use Building with Retail Storefronts
Updated: May 28
Mixed-Use Building with Retail Storefronts

210 Main St W, Ashland, WI 54806

$2,775,000
35,078 sqft 0.48 AC lot
37‑unit mixed‑use building in downtown Ashland: 5 commercial storefronts on the main level and 32 residential apartments above
Residential unit mix includes studios, 1‑bedroom, and 2‑bedroom apartments
Each residential unit has a private bathroom with no shared facilities
Coin‑operated laundry facilities are on each floor
Major exterior improvement: newer windows completed within the last 10 years
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Downtown Mixed-Use 6-Unit Property
Updated: May 27
Downtown Mixed-Use 6-Unit Property

410 Main St W, Ashland, WI 54806

$450,000
3,485 sqft 0.08 AC lot
6‑unit mixed‑use property in downtown Ashland with 1 commercial storefront and 5 residential units
All 5 upper‑level residential units are 1 bed / 1 bath
Tenants pay electric separately for their own units
Each residential unit is individually zoned for boiler heat
Built in 2004
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Commercial-Residential Mixed-Use Property
Commercial-Residential Mixed-Use Property

Highway 2 Lake Shore Drive, Ashland, WI 54806

$1,695,000

Multiple commercial business locations and homes offered on Highway 2 Lake Shore Drive, zoned for commercial and residential use.

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Turn-Key Class A Office Space
Turn-Key Class A Office Space

118 3rd St E, Ashland, WI 54806

$899,000
6,000 sqft 1.40 AC lot

Class A office space in Ashland, WI near Lake Superior.

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Ashland Airport Hangar For Sale
Ashland Airport Hangar For Sale

50511 HWY 112, Ashland, WI 54806

$85,000

1,554 SF hangar at JFK Memorial Airport in Ashland, WI.

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Historic Brownstone Restaurant Building
Historic Brownstone Restaurant Building

315 Turner Rd, Ashland, WI 54806

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4,359 sqft 3.50 AC lot

Brownstone restaurant building with bar/lounge, multiple dining areas, commercial kitchen, and wrap-around porch with Lake Superior views.

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Highway 2 Mixed-Use Property
Highway 2 Mixed-Use Property

421 Lake Shore Dr W, Ashland, WI 54806

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3,795 sqft 0.50 AC lot

Prime location with lake views in downtown Ashland, Wisconsin.

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Main Street Mixed-Use Opportunity
Main Street Mixed-Use Opportunity

220 Main St E, Ashland, WI 54806

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1,408 sqft

Unique mixed-use building in Ashland, close to Lake Superior.

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Downtown Mixed-Use Duplex
Downtown Mixed-Use Duplex

516 Main St W, Ashland, WI 54806

$395,000
5,796 sqft

Recently remodeled upper apartments sit above a leased main-level beauty salon with a full basement and rear off-street parking.

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Restaurant with Commercial Kitchen
Restaurant with Commercial Kitchen

201 Main St E, Ashland, WI 54806

$249,900

Corner restaurant includes booths, bar, a commercial kitchen, and dedicated upper-level office plus basement storage.

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Two-Property Drive-Up Storage Portfolio
Two-Property Drive-Up Storage Portfolio

1800 THIRD ST W, Ashland, WI 54806

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30,897 sqft

Stabilized self storage portfolio with 158 drive-up units across two facilities totaling 30,897 rentable square feet.

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Former Northland College Campus
Former Northland College Campus

1411 Ellis Ave S, Ashland, WI 54806

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400,000 sqft

Versatile campus on Lake Superior's Chequamegon Bay.

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Event Venue Estate Property
Event Venue Estate Property

60445 W Summit Rd, Ashland, WI 54806

$675,000
10.10 AC lot

Updated estate includes an event-ready barn with commercial kitchen and licensed bar plus guest accommodations and RV hookups.

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Other Specialty Land Parcel
Other Specialty Land Parcel

652XX Old Odanah Rd, Ashland, WI 54806

$39,900
6.01 AC lot

Rural Ashland land comprises 6.01 surveyed acres with a mix of wooded and open areas.

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Mixed-Use Apartment and Retail Building
Mixed-Use Apartment and Retail Building

210 MAIN ST W, Ashland, WI 54806

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35,078 sqft

37-unit building with five main-level storefronts and coin laundry on every floor.

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Downtown Mixed-Use Income Property
Downtown Mixed-Use Income Property

410 MAIN ST W, Ashland, WI 54806

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3,485 sqft

Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.

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Leased Retail Building with Updated Systems
Leased Retail Building with Updated Systems

309-311 W Main Street, Ashland, WI 54806

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5,000 sqft

Retail building leased to two tenants, with newer furnace and roof.

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Lake Superior Corner Lot
Lake Superior Corner Lot

14XX Lake Shore Dr E, Ashland, WI 54806

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0.40 AC lot

Mixed-use zoned land near Lake Superior and Bayview Park.

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Rural Acreage with Stream
Rural Acreage with Stream

651XX Old Odanah Rd, Ashland, WI 54806

$59,900
7.69 AC lot

Seven-plus acres of surveyed rural land with a stream meandering through the property and mixed wooded and open areas.

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Former Northland College Campus Available
Former Northland College Campus Available

1141 Ellis Avenue South, Ashland, WI 54806

$12,000,000

Former college campus for sale with development/reuse opportunities.

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Downtown Corner Retail Building
Downtown Corner Retail Building

401 W Main Street, Ashland, WI 54806

Contact for pricing
20,000 sqft

Leased retail building on a prime downtown corner, currently occupied by a furniture company.

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Converted Church Nail Salon Spa
Converted Church Nail Salon Spa

620 3rd St W, Ashland, WI 54806

$399,900

Updated former church offers a salon-and-spa buildout with standout architectural finishes and on-site parking.

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Two-Story Office Building
Two-Story Office Building

500 Lakeshore Drive East, Ashland, WI 54806

$199,000

Two-story office building with blacktop parking, centrally located for business use and potential redevelopment.

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Commercial Building Lot with Garage
Commercial Building Lot with Garage

1707 Beaser Avenue, Ashland, WI 54806

$110,000

Commercial building lot with an existing four-stall garage and driveway with utilities installed.

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Ashland, WI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Ashland, WI, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 568,781 square feet of properties for sale, with an estimated market value of $20,032,600.

Sale prices for business properties in Ashland, WI start at $39,900, averaging $1,430,900, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) +1.7%
Median Household Income $59,556
College Educated 33.3%

High-Yield Neighborhoods for Investment

Identify Ashland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54806 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.52%
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

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