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    Ashland, WI
    Conventional Restaurant

    Ashland, WI Conventional Restaurants for Sale

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    La Pointe, WI Bayfield, WI Washburn, WI Mason, WI Marengo, WI Mellen, WI Cornucopia, WI Grand View, WI
    Historic Brownstone Restaurant Building
    Updated: May 31
    Historic Brownstone Restaurant Building

    315 Turner Rd, Ashland, WI 54806

    $549,900
    3.50 AC lot
    1880 brownstone restaurant building with bar/loung​e, multiple dining areas, and a commercial kitchen
    On over 3.5 acres and adjacent to Prentice Park, just steps from Maslowski Beach
    Main floor includes bar/lounge, formal dining areas, commercial kitchen, and a wrap‑around porch
    Wrap‑around porch offers Lake Superior views
    Renovations in progress include remodeled kitchen, refinished hardwood floors, revealed brownstone, and renovated dining room with crystal chandeliers
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    Restaurant with Commercial Kitchen
    Updated: Jul 22
    Restaurant with Commercial Kitchen

    201 Main St E, Ashland, WI 54806

    $249,900
    Corner restaurant on Second Street and Main Street in the heart of Ashland, set just down from Lake Superior
    Dining area with a wall of high backed booths plus a bar and a coveted corner window seat
    Commercial kitchen with high grade commercial kitchen flooring installed within the last five years
    Updates within the last five years: new roof, fresh paint, and all new flooring
    Includes a convenient upper‑level office plus a full basement for storage
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ashland, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with On-Site Living Quarters
    Restaurant with On-Site Living Quarters

    6622 Hwy 2, Hurley, WI 54534

    $524,900
    3,875 sqft

    Established restaurant property with bar, dining room, commercial kitchen, accessibility features, and additional residential accommodations.

    View details
    Resort Lodge with Restaurant
    Resort Lodge with Restaurant

    12770 Scenic Drive, Iron River, WI 54847

    $1,295,000
    5,040 sqft 14.00 AC lot

    Includes an attached three-bedroom residence with an open-concept kitchen and great room.

    View details
    Restaurant with Living Quarters
    Restaurant with Living Quarters

    6622 HWY 2 W, Hurley, WI 54534

    $524,900
    1.05 AC lot

    Established restaurant property includes a fully equipped kitchen, bar, dining room, and on-site residential space.

    View details
    Multi-Use Campground With Cabins
    Multi-Use Campground With Cabins

    8355 Us Highway 2, Iron River, WI 54847

    $595,000
    4,740 sqft 6.28 AC lot

    Commercial campground combines guest cabins, serviced campsites, dining facilities, and recreational amenities along a busy regional route.

    View details

    Ashland, WI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Ashland, WI on our real estate platform.

    Sale prices for conventional restaurants in Ashland, WI start at $249,900, averaging $399,900, and reaching up to $549,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 3
    Conventional restaurants 3
    Bars & Pubs 2

    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 $399.9K

    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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