Ashland, WI Commercial Real Estate for Sale

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25 properties
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Brick Office Building
Updated: Sep 14
Brick Office Building

220 Main St E, Ashland, WI 54806

$119,500
1,344 sqft 0.12 AC lot
1,344‑square‑foot office property on a 0.12‑acre lot
Built in 1913; brick construction
Main floor includes multiple office areas, an open room, kitchen, and restrooms
Full basement level has a bathroom, sink, two showers, and a half bath
City Center zoning allows office, retail, restaurant, studio, assembly, and personal service uses
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Mixed-Use Commercial Property
Updated: Jun 16
Mixed-Use Commercial Property

Highway 2 Lake Shore Drive, Ashland, WI 54806

$1,695,000
Commercial/Residential zoning
Located along Highway 2 Lake Shore Drive in Ashland, WI
Views of Lake Superior’s Chequamegon Bay
Offering includes commercial business locations and homes
Multiple adjacent properties are available
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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

30995 US Hwy 2, Ashland, MN 54806

$500,000

Mixed-use property combining a pet-care operation, residential space, and extensive land along a scenic waterfront setting.

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

118 3rd St E, Ashland, WI 54806

$799,000
6,000 sqft 1.40 AC lot

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

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Commercial Land Near Trail
Commercial Land Near Trail

Sanborn Ave, Ashland, WI 54806

$45,900
0.41 AC lot

Commercial parcel along Sanborn Avenue with proximity to the Tri County Corridor Trail.

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Aircraft Hangar with Bifold Door
Aircraft Hangar with Bifold Door

50511 HWY 112, Ashland, WI 54806

$85,000

Insulated aviation facility with electricity, propane heat, and a large bifold aircraft door.

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Mixed-Use Bar Property
Mixed-Use Bar Property

1222 Lake Shore Dr E, Ashland, WI 54806

$139,900
2,600 sqft

Two-level commercial property combining a bar operation with an upper-floor apartment and off-street parking.

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Class A Office Space Ashland
Class A Office Space Ashland

118 E 3rd Street, Ashland, WI 54806

$899,000
14,844 sqft

Refurbished office space near Lake Superior with modern amenities.

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Historic Brownstone Restaurant Building
Historic Brownstone Restaurant Building

315 Turner Rd, Ashland, WI 54806

$549,900
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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Purpose-Built Medical Center
Purpose-Built Medical Center

1419 Beaser Ave, Ashland, WI 54806

Contact for pricing
12,370 sqft

Healthcare facility associated with an established regional orthodontic practice and offered as part of a three-property portfolio.

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Flex Building with Office and Storage
Flex Building with Office and Storage

417 W 9th Ave, Ashland, WI 54806

$999,999

Configured with office areas, daycare improvements, storage space, and a large parking lot.

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Converted Church Nail & Spa
Converted Church Nail & Spa

620 3rd St W, Ashland, WI 54806

Contact for pricing
6,500 sqft

Former church updated for nail and spa use, featuring vaulted ceilings, stained glass, and multiple private rooms below.

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Full-Service Medical Office Building
Full-Service Medical Office Building

415 Ellis Ave, Ashland, WI 54806

$2,750,000
23,570 sqft

A prior medical facility with 27 exam rooms, a large lobby, and patient-focused infrastructure suited for healthcare or alternative specialty uses.

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Former Northland College Campus
Former Northland College Campus

1411 Ellis Ave S, Ashland, WI 54806

Contact for pricing
400,000 sqft

Versatile campus on Lake Superior's Chequamegon Bay.

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Mixed-Use Property with Office Space
Mixed-Use Property with Office Space

220 Main St E, Ashland, WI 54806

$119,500

City Center-zoned building with office areas, an open room, kitchen, lower-level facilities, and adaptable commercial use potential.

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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-Story Office Building
Two-Story Office Building

500 Lakeshore Drive East, Ashland, WI 54806

$175,000

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

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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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Storefront Building with Basement
Storefront Building with Basement

316 Main St W, Ashland, WI 54806

$599,500

Flexible commercial space with customer street parking and additional employee parking behind the building.

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Agricultural Land
Agricultural Land

00XXX Woodland Rd, Ashland, WI 54806

$105,000

Agricultural zoning and access from two roads support a range of rural land uses.

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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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Insulated Aircraft Hangar
Insulated Aircraft Hangar

50511 Hwy 112 #R2Hangar 4, Ashland, WI 54806

$85,000
1,554 sqft

At JFK Memorial Airport, the building has electrical service and a large overhead propane heater.

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Established Meat Shop Business Opportunity
Established Meat Shop Business Opportunity

601 Lake Shore Dr E, Ashland, WI 54806

Contact for pricing

Profitable meat shop business for sale in Ashland, Wisconsin.

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Commercial Land on Lakeshore Drive
Commercial Land on Lakeshore Drive

2500 Lakeshore Dr East (Pad 1), Ashland, WI 54806

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Land with excellent visibility, suitable for retail or restaurant.

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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 25 active listings on our real estate platform. These investment opportunities span a total of 468,782 square feet of properties for sale, with an estimated market value of $21,976,999.

Sale prices for business properties in Ashland, WI start at $45,900, averaging $1,156,684, 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 $1.2M

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%

Listings Trend

New vs delisted commercial listings in Ashland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Ashland County

Retail

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