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Brick Office Building
For Sale
$112,400

220 Main St E, Ashland, WI 54806

COMMERCIAL, Ashland, WI

Property Size1,344 SF
Lot Size0.12 Acres
Price / SF$83.63
Days on Market51

Property Features for 220 Main St E

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Interior features Kitchen Area, Restrooms, Storage
Basement Concrete
Elementary school district Ashland (WI) #170
Middle school district Ashland (WI) #170
High school district Ashland (WI) #170
Directions Lake Shore Dr E to 3rd Ave E, Corner of Main and 3rd
Subdivision LSAR
Standard status Active
Size 1,344 SF
Lot size 0.12 Acres

Additional Details

Corner Location Yes
Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2151

Utilities

Heating system Hot Water(Heating), Natural Gas
Cooling system Ductless, Zoned

Amenities

full kitchen
multiple restrooms
ramp access
wide doorways
gas boiler heat
mini splits
fiber optic

Building Details

Year built 1913
Number of units 1
Roof type Shingle, Rubber
Additional Structures Storage
Buildings 1
Listing Agency: Visions First Realty, LLC
Listed By: Rick Gruebele
Added: Sep 14 Changed: Nov 3 Last Checked: Nov 3 at 5:06PM
MLS# 6127954

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This brick office property at 220 Main St E in Ashland was built in 1913. The main level has several office areas, an open room, a kitchen, and multiple restrooms. A full basement level includes a bathroom, sink, two showers, and a half bath. Ramp access and wide doorways are in place, with gas boiler heat, ductless mini-split cooling, and fiber-optic service.

The 0.12-acre property is in downtown Ashland and has off-street parking. City Center zoning supports uses including retail, office, restaurant, studio, assembly, and personal service. The stated building area is 1,344 square feet.

Key Highlights

  • 1,344‑square‑foot office property on a 0.12‑acre lot
  • Built in 1913; brick construction
  • Main floor includes multiple office areas, an open room, kitchen, and restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

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?
Office building - City Center zoning permits a range of commercial uses, including office, retail, restaurant, and personal service.
Where is this office building located?
The property is located at 220 Main St E Ashland, WI.
What is the asking price?
The asking price for this property is $112,400.
What are key features of this property?
This property features: 1,344‑square‑foot office property on a 0.12‑acre lot; Built in 1913; brick construction; Main floor includes multiple office areas, an open room, kitchen, and restrooms
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