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Apartment Building with Storefront
For Sale
$450,000

410 Main St W, Ashland, WI 54806

MULTI-FAMILY, Ashland, WI

Property Size3,485 SF
Lot Size0.08 Acres
Price / SF$129.12
Days on Market86

Property Features for 410 Main St W

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 1
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bedroom 1, Bedroom 5, Bedroom 2
Parking features Off Street, Driveway
Patio and Porch features Deck
Exterior features Deck
Lot features Zero Lot Line
Elementary school district Ashland (WI) #170
Middle school district Ashland (WI) #170
High school district Ashland (WI) #170
Directions Traveling Northeast on Hwy 2, take a right onto Vaughn Ave, travel one block and take a left onto Main Street. Building will be on the right hand side.
Subdivision LSAR
Standard status Active
APN 201-04288-0000
Size 3,485 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3424

Utilities

Heating system Natural Gas, Oil

Building Details

Year built 2004
Floors in Building 3
Number of units 6
Roof type Flat, Rubber
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Aiden Bachand · License #9417094
Added: May 27 Changed: Aug 19 Last Checked: Aug 20 at 8:06PM
MLS# 6125569

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 3,485-square-foot apartment building has a mixed-use layout with one commercial storefront at street level and five residential units above. Each residential unit is configured with 1 bedroom and 1 bathroom. Tenants separately pay electric service, while each unit has its own boiler heat zoning. The property was built in 2004 and includes a deck, flat rubber roofing, off-street parking, and a driveway.

The building occupies 0.08 acres along Main Street in downtown Ashland, with the Lake Superior waterfront, local shops, restaurants, and the Ashland Mural Walk nearby. The property is offered for sale individually or as a package with 210 Main Street.

Key Highlights

  • Mixed‑use building with one commercial storefront and five upper‑level residential units
  • Five residential units, each with 1 bedroom and 1 bathroom
  • 3485 square feet on 0.08 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Real Estate Agency Kitchen & Bath Showroom Restaurant

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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby

Demographics for 54806, WI

11,492
Population
5,599
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
96%
High-School Grad
288.9 sq mi
ZIP Area
40
Density / Sq Mi
$59,556
Median Household Income
$37,388
Median Earnings
$709
Median Rent
$172,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use configuration combines a ground-floor commercial storefront with upper-level residential units.
Where is this apartment building located?
The property is located at 410 Main St W Ashland, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Mixed‑use building with one commercial storefront and five upper‑level residential units; Five residential units, each with 1 bedroom and 1 bathroom; 3485 square feet on 0.08 acres
More about this property
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