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Mixed-Use Property with Office Space
For Sale
$119,500

220 Main St E, Ashland, WI 54806

City Center-zoned building with office areas, an open room, kitchen, lower-level facilities, and adaptable commercial use potential.

Property Size1,344 SF
Days on Market51

Property Features for 220 Main St E

General Information

Standard status Active
Size 1,344 SF
Property subtype Mixed Use
Zoning City Center

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $2,151

Amenities

multiple office spaces
open room
full kitchen
two restrooms
side entrance with storage
bathroom
sink
two showers
half bath
ramp access
wide doorways
grab bars
gas boiler heat
mini splits
fiber optic
off-street parking

Building Details

Building Size 1,344 SF
Year Built 1940
Buildings 1
Stories 2
Listing Agency: Visions First Realty, LLC
Listed By: Rick Gruebele · License #5915590
Source: Visionsfirstrealty
Added: Sep 14 Changed: Oct 31 Last Checked: Nov 3 at 3:04AM

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 Visions First Realty, LLC

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Investment Insights

Based on property information with market context.

Built in 1940, this mixed-use property includes several office areas, an open room, a full kitchen, two restrooms, and a side entry with storage on the main level. The lower level provides additional usable space with a bathroom, sink, two showers, and a half bath. Accessibility features include ramp access, wide doorways, and grab bars in the main-level bathroom.

City Center zoning supports a range of stated uses, including retail, office, restaurant, studio, assembly, and personal service operations. Building systems include gas boiler heat, mini-split units, and fiber-optic service. Off-street parking is included, and the property is located at 220 Main St E in downtown Ashland, Wisconsin.

Key Highlights

  • City Center zoning supports retail, office, restaurant, studio, assembly, and personal service uses
  • Main level includes multiple office areas, an open room, full kitchen, two restrooms, and storage
  • Lower level features a bathroom, sink, two showers, and a half bath

Property Analytics

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Current Use

Mixed-use properties

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - City Center-zoned building with office areas, an open room, kitchen, lower-level facilities, and adaptable commercial use potential.
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 $119,500.
What are key features of this property?
This property features: City Center zoning supports retail, office, restaurant, studio, assembly, and personal service uses; Main level includes multiple office areas, an open room, full kitchen, two restrooms, and storage; Lower level features a bathroom, sink, two showers, and a half bath
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