Downtown Mixed-Use Income
For Sale
$450,000
410 Main Street W, Ashland, WI 54806
Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.
Property Size3,485 SF
Price / SF$129.12
Days on Market90
Property Features for 410 Main Street W
General Information
Standard status
Active
Size
3,485 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$3,424
Building Details
Building Size
3,485 SF
Year Built
2004
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
RE/MAX Results Duluth
(218) 390-9594
Listed By:
Aiden Bachand · License #9417094
(218) 390-9594
Source:
Juverealestate
Added: May 27
Changed: Aug 23
Last Checked: Aug 24 at 3:48PM
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 RE/MAX Results Duluth
Investment Insights
Based on property information with market context.
This downtown mixed-use property totals six units, including one commercial storefront on the main level and five residential apartments above. The apartments are each configured as 1 bedroom and 1 bathroom. Utilities are managed by tenant responsibility for electric, and each residential unit is individually zoned for boiler heat, giving owners separate heating control per unit.
The building is positioned along historic Main Street in Ashland. It is described as being close to the downtown shopping and dining district, the Lake Superior waterfront, and the Ashland Mural Walk, supporting a walk-to lifestyle for both storefront visitors and residential tenants.
For buyers seeking a versatile income property, this setup combines street-level retail frontage with multiple residential apartments within the same ownership. The individualized boiler zoning and tenant-paid electric are practical operational features for managing expenses and maintaining unit comfort. The listing also notes the opportunity to purchase this property individually or as a package with 210 Main Street.
The building is positioned along historic Main Street in Ashland. It is described as being close to the downtown shopping and dining district, the Lake Superior waterfront, and the Ashland Mural Walk, supporting a walk-to lifestyle for both storefront visitors and residential tenants.
For buyers seeking a versatile income property, this setup combines street-level retail frontage with multiple residential apartments within the same ownership. The individualized boiler zoning and tenant-paid electric are practical operational features for managing expenses and maintaining unit comfort. The listing also notes the opportunity to purchase this property individually or as a package with 210 Main Street.
Key Highlights
- 6‑unit mixed‑use building built in 2004 with one main‑level commercial storefront and five upper‑level residential units
- Five residential units are 1 bed / 1 bath each
- Each residential unit is individually zoned for boiler heat
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.
Where is this apartment building located?
The property is located at 410 Main Street W Ashland, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 6‑unit mixed‑use building built in 2004 with one main‑level commercial storefront and five upper‑level residential units; Five residential units are 1 bed / 1 bath each; Each residential unit is individually zoned for boiler heat
