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Commercial-Residential Mixed-Use Property
For Sale
$1,695,000

Highway 2 Lake Shore Drive, Ashland, WI 54806

COMMERCIAL - Ashland, WI

Property SizeContact for details
Days on Market52

Property Features for Highway 2 Lake Shore Drive

General Information

Property type Commercial Sale
Property subtype Other
View Harbor, Park, Lake
Standard status Active
Listing Agency: Whitetail Properties Real Estate, LLC
Listed By: Mike Noskoviak
Added: Jun 16 Changed: Aug 4 Last Checked: Aug 6 at 8:06AM
MLS# 11833303

Copyright © 2026 My State MLS. 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 offering includes commercial business locations and homes located along Lake Superior’s Chequamegon Bay. The listing materials reference the River Rock Inn & Sport Shop among the available properties, along with other properties described as adjacent.

The properties are located in Ashland, Wisconsin on Highway 2 Lake Shore Drive. The area is zoned for commercial/residential use, supporting flexible uses within the same general offering.

As presented, this is a multi-property package suited to buyers looking for one or more business locations and rental properties within the same commercial-residential zoning framework.

Key Highlights

  • Zoned Commercial/Residential, offering flexibility for business use and housing.
  • Multiple commercial business locations and homes available along Chequamegon Bay in Ashland, WI.
  • Located on Highway 2 LakeShore Drive.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store (Bike/Boat/Book/etc) Store Garden 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.

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Superior Floral & Gift 420 Lake Shore Dr W, Ashland, WI 54806

Frequently Asked Questions

What type of property is this?
Storefront property - Multiple commercial business locations and homes offered on Highway 2 Lake Shore Drive, zoned for commercial and residential use.
Where is this storefront property located?
The property is located at Highway 2 Lake Shore Drive Ashland, WI.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Zoned Commercial/Residential, offering flexibility for business use and housing.; Multiple commercial business locations and homes available along Chequamegon Bay in Ashland, WI.; Located on Highway 2 LakeShore Drive.
More about this property
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