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Waterfront Industrial Land
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 Market138

Property Features for 1507 N 1st St

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Block, Concrete
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
Listed By: Erik Olson · License #5350890
Added: May 13 Changed: Sep 12 Last Checked: Sep 27 at 10:06PM
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.

This industrial land offering combines three parcels totaling approximately 1.4 acres with direct Lake Superior access. The waterfront section extends approximately 615 feet around the slip and reaches a depth of 23 feet. A large garage is included, while foundation piers remain from a structure previously lost to fire.

The property carries W-1 and M-1 zoning and is positioned near US Highway 53. Its waterfront configuration, existing garage, and remaining foundation elements provide a defined physical base for future plans, subject to approval by the City of Superior.

Key Highlights

  • Three parcels totaling approximately 1.4 acres
  • Approximately 615 feet of waterfront around the slip
  • Water depth of 23 feet

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Pharmacy HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with W-1 and M-1 zoning, Lake Superior frontage, and a large garage.
Where is this industrial 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; Approximately 615 feet of waterfront around the slip; Water depth of 23 feet
More about this property
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