1106 Tower Ave, Superior, WI 54880
COMMERCIAL - Superior, WI
- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 7:06 pm
Property Features for 1106 Tower Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Interior features
- Bar Area
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4975
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1912
- Number of units
- 1
- Roof type
- Rubber, Flat
Listing agent Jordan Decaro (952) 829-2900
Listing office RE/MAX Results Duluth, WI (952) 829-2900
Listing date Jun 11, 2026
Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic Tower Avenue building built in 1912 with hardwood floors and exposed brick.
- Two bathrooms on the main level plus a bar area.
- Walk‑in cooler stays with the property.
- Upper level features a spacious open area with views of Spirit Mountain.
- Recent updates include a new roof on the lower portion of the building and forced‑air heat.
- Central air with a new A/C condenser; roof includes rubber flat roofing.
Overview
The property is located at 1106 Tower Ave in Superior, Wisconsin, within the business district. It is also close to a high-performing hotel, supporting visibility for retail or service-oriented uses.
Recent updates include a new roof on the lower portion of the building, forced-air heat, and a new A/C condenser. The building is being offered for sale as a building-only asset, with furnishings and other equipment available for separate purchase, making it suitable for owner-operators who want an immediately usable space and investors seeking a property with multiple space configurations.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $18.00 |
| − Vacancy | −$1.6k | −$0.47 |
| EGI | $61.4k | $17.53 |
| − OpEx | −$18.4k | −$5.26 |
| NOI | $43.0k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.103522
- Latitude
- 46.725158
