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Mixed-Use Bar Property
For Sale
$149,900

1222 Lake Shore Dr E, Ashland, WI 54806

Two-level commercial property combining a bar operation with an upper-floor apartment and off-street parking.

Property Size2,600 SF
Price / SF$57.65
Days on Market67

Property Features for 1222 Lake Shore Dr E

General Information

Standard status Active
Size 2,600 SF

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Additional Details

Business Included Yes

Building Details

Year Built 1985
Buildings 1
Listing Agency: Anthony Jennings & Crew Real E
Listed By: Anthony I Jennings · License #4468390
Source: Tayloronken
Added: Jun 25 Changed: Aug 29 Last Checked: Aug 25 at 5:32AM

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 Anthony Jennings & Crew Real E

Investment Insights

Based on property information with market context.

Built in 1985, this mixed-use property places a bar operation on the main level with a walk-in cooler, two restrooms, and rear storage. The upper floor contains a two-bedroom apartment with a deck adjoining the living area, Lake Superior views, and an enclosed sunporch at the back.

The property is located one block from Lake Superior and along HWY 2, with off-street parking. The apartment can support on-site living or separate rental use, while the commercial space can continue as a bar or accommodate another concept.

Key Highlights

  • Mixed‑use property with a main‑level bar and upper‑floor apartment
  • Two‑bedroom apartment includes a deck, Lake Superior views, and an enclosed sunporch
  • Main level has a walk‑in cooler, two restrooms, and back storage

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Dental Office Hair Salon Parking Lot & Garage Nail Salon Plumbing Service Real Estate Agency

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

1
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 89% Apparel 11%
Tractor Supply Co. Home Improvements & Furnishings
6,320 visits/mo 0.3 miles
Goodwill Apparel
781 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial property combining a bar operation with an upper-floor apartment and off-street parking.
Where is this mixed-use property located?
The property is located at 1222 Lake Shore Dr E Ashland, WI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Mixed‑use property with a main‑level bar and upper‑floor apartment; Two‑bedroom apartment includes a deck, Lake Superior views, and an enclosed sunporch; Main level has a walk‑in cooler, two restrooms, and back storage
More about this property
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