Class A Office Space
For Sale
Contact for pricing
118 3rd St E, Ashland, WI 54806
Refurbished office space near Lake Superior with modern amenities.
Property Size14,400 SF
Price / SF$62.43
Days on Market998
Property Features for 118 3rd St E
General Information
Standard status
Active
Size
14,400 SF
Class
A
Total Parking Spaces
86
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Net Operating Income
$150,792
Building Details
Year Built
2000
Year Renovated
2019
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Porter Realty
Listed By:
Kevin Porter · License #WI 59168-90
(715) 256-7077
Source:
Crexi
Added: Dec 12, 2023
Changed: Aug 22
Last Checked: Sep 3 at 12:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porter Realty
Investment Insights
Based on property information with market context.
This Class A office space is located on State Highway 13 in Ashland, Wisconsin, approximately three blocks from the marina and the shores of Lake Superior. The location benefits from high traffic, with over 6,000 average daily vehicle count. The property was completely rebuilt in 2000 and fully refurbished in 2019. It features key card access and 82 on-site parking spaces. The building offers over 6,000 square feet of flex/open space, 12 private offices, two conference rooms, two server rooms, and two mechanical rooms. Additional amenities include a mother's room, a lounge, and two phone rooms. The entire property is fully handicapped accessible, featuring a lift between the lower and raised sections. It is equipped with fire suppression, fiber optic internet, completely upgraded electrical systems, and a newly installed standby backup generator by Generac. The property has a total size of 14,400 square feet. Tenant lease runs through 2024.
Key Highlights
- High‑traffic location on State Highway 13 with over 6,000 average daily vehicle count.
- Extensive recent renovations: completely rebuilt in 2000 and refurbished in 2019.
- Ample parking with 82 on‑site spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Refurbished office space near Lake Superior with modern amenities.
Where is this office building located?
The property is located at 118 3rd St E Ashland, WI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: High‑traffic location on State Highway 13 with over 6,000 average daily vehicle count.; Extensive recent renovations: completely rebuilt in 2000 and refurbished in 2019.; Ample parking with 82 on‑site spaces.
