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Main Street Mixed-Use Opportunity
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220 Main St E, Ashland, WI 54806

Unique mixed-use building in Ashland, close to Lake Superior.

Property Size1,408 SF
Price / SF$85.16
Days on Market166

Property Features for 220 Main St E

General Information

Standard status Active
Size 1,408 SF
Class C
Property subtype Mixed Use, Office, Retail
Zoning City Center
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Anthony Jennings & Crew Real Estate
Listed By: Anthony Jennings · License #WI 938501-94
Source: Crexi
Added: Feb 27 Changed: Aug 7 Last Checked: Aug 11 at 11:18AM

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 Estate

Investment Insights

Based on property information with market context.

This former American Legion building, situated on a corner lot on Main Street in Ashland, offers a unique and spacious opportunity. Located just blocks from Lake Superior, the property provides potential for business to flourish with off-street parking and high exposure. The main level features two spacious rooms, a full kitchen, two restrooms, and a side entrance from the parking lot, along with a large amount of storage space. The property also has a Lake Superior view, high ceilings, and some vintage character. The full lower level provides workspace and storage space, including a bathroom, sink, and two showers. The property has a size of 1408 square feet and is suitable for mixed-use, office, and retail purposes.

Key Highlights

  • Prime Main Street location in Ashland, offering high visibility and exposure for a business.
  • Spacious interior with two large rooms, full kitchen, and ample storage, suitable for various business ventures.
  • Off‑street parking**, a valuable asset for customers and employees.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service

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

620
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Unique mixed-use building in Ashland, close to Lake Superior.
Where is this mixed-use property located?
The property is located at 220 Main St E Ashland, WI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Prime Main Street location in Ashland, offering high visibility and exposure for a business.; Spacious interior with **two large rooms, full kitchen, and ample storage**, suitable for various business ventures.; Off‑street parking**, a valuable asset for customers and employees.
(715) 209-6841 Call to check price and availability
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