Lake Superior Waterfront Development
For Sale
$1,250,000
1507 N 1st St, Superior, WI 54880
COMMERCIAL - Superior, WI
Property SizeContact for details
Lot Size1.40 Acres
Days on Market86
Property Features for 1507 N 1st St
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Concrete, Block
Directions
Tower Avenue north to John Avenue. Turn north onto John Avenue & right turn on N.1st Street.
Subdivision
LSAR
Standard status
Active
Lot size
1.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3746
Utilities
Water front features
Lake
Water front
1
Building Details
Year built
1890
Number of units
1
Roof type
Metal
Listing Agency:
Realty III
(218) 391-9538
Listed By:
Erik Olson · License #5350890
(218) 391-9538
Added: May 13
Changed: Aug 5
Last Checked: Aug 6 at 12:06AM
MLS# 6124082
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.
Investment Insights
Based on property information with market context.
Industrial waterfront land site zoned W-1 and M-1, with direct access to Lake Superior and a slip configuration on all three sides. The waterfront portion within the slip spans approximately 615 feet and offers an estimated depth of 23 feet, supporting marine or industrial development subject to City approval. The offering consists of three parcels totaling approximately 1.4 acres, providing a waterfront-focused development footprint.
The site is located at 1507 N 1st St in Superior, WI 54880, with convenient access to US Highway 53. A previous structure was lost to fire; foundation piers remain on site, and the property also includes a large garage. Metal roofing is indicated among existing improvements, and the property is listed with a year built of 1890 and basement space.
Zoned for both W-1 and M-1 uses, the property’s dual zoning and unique waterfront arrangement support a range of marine or industrial development concepts, subject to applicable permitting and approvals.
The site is located at 1507 N 1st St in Superior, WI 54880, with convenient access to US Highway 53. A previous structure was lost to fire; foundation piers remain on site, and the property also includes a large garage. Metal roofing is indicated among existing improvements, and the property is listed with a year built of 1890 and basement space.
Zoned for both W-1 and M-1 uses, the property’s dual zoning and unique waterfront arrangement support a range of marine or industrial development concepts, subject to applicable permitting and approvals.
Key Highlights
- Three parcels totaling approximately 1.4 acres with direct access to Lake Superior
- Waterfront portion within the slip spans approximately 615 feet on all three sides
- Slip depth estimated at 23 feet for marine or industrial uses
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 54880, WI
30,400
Population
14,325
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
166.1 sq mi
ZIP Area
183
Density / Sq Mi
$66,942
Median Household Income
$40,813
Median Earnings
$901
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Industrial waterfront site with direct Lake Superior access and dual W-1 and M-1 zoning for marine or industrial uses.
Where is this waterfront land located?
The property is located at 1507 N 1st St Superior, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three parcels totaling approximately 1.4 acres with direct access to Lake Superior; Waterfront portion within the slip spans approximately 615 feet on all three sides; Slip depth estimated at 23 feet for marine or industrial uses
