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    1309 Tower Ave Superior, WI 54880

    For Sale
    $795,000

    Commercial - Superior, WI

    Property size:
    13,850 SF
    Lot size:
    0.16 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1309 Tower Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    Interior features
    Restrooms, Concrete Block Walls, Sheet Rock Walls
    Basement Y/N
    1
    Size
    13,850 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick, Stucco
    Roof type
    Tar/Gravel
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Mike Raivala (952) 829-2900

    Listing date Sep 26, 2025

    MLS# 6122112 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Superior Commercial Opportunity

    This downtown Superior property presents a commercial opportunity with 13,850 square feet of finishable space, suitable for a retail storefront, office space, or mixed-use development. The location benefits from high visibility and traffic, with an estimated 8,000 vehicles passing daily. The property has undergone major upgrades, including a new 800-amp electrical system with panels installed throughout, a 6-inch water line, and four new furnaces. An elevator shaft is ready for equipment installation. The structure has been reinforced with a front I-beam and center structure posts. On-site front parking is available, with additional use of the city lot in the back. The lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Superior
    County
    Douglas
    State
    Wisconsin
    Longitude
    -92.104418
    Latitude
    46.722686

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    FAQs

    What type of property is this?
    Retail space - Finishable space suited for retail, office, or mixed-use development.
    Where is this retail space located?
    The property is located at 1309 Tower Ave Superior, WI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - State-approved plans and major upgrades completed, significantly reducing startup time and costs.; - Prime downtown location with high visibility and traffic (8,000 vehicles daily) ensures excellent business exposure.; - 13,850 sq. ft. of finishable space is suitable for retail, office, or mixed-use development.
    (952) 829-2900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1309 Tower Ave Superior, WI 54880
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