Two-Story Office
For Sale
$185,000
500 Lakeshore Drive East, Ashland, WI 54806
Two-story office building with blacktop parking, centrally located for business use and potential redevelopment.
Property Size2,182 SF
Days on Market247
Property Features for 500 Lakeshore Drive East
General Information
Standard status
Active
Size
2,182 SF
Taxes and HOA fees
Annual Taxes
$4,151
Building Details
Building Size
2,182 SF
Year Built
1900
Stories
2
Listing Agency:
Coldwell Banker Realty - Ashland
(715) 292-0107
Listed By:
Jay Emmert · License #5062990
(715) 292-0107
Source:
Visionsfirstrealty
Added: Dec 8, 2025
Changed: Aug 7
Last Checked: Aug 12 at 3:12AM
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 Coldwell Banker Realty - Ashland
Investment Insights
Based on property information with market context.
This two-story office building is currently configured and used as office space, offering an accommodating layout for professional tenants. The property includes blacktop parking on-site, supporting everyday arrival and short-term customer or employee parking needs.
Positioned in the central business district, the building is described as having strong visibility. It is also within walking distance to the lake, which may appeal to tenants and occupants who value an accessible, well-frequented setting.
While the building is presently used for office operations, the seller notes the possibilities are many, including the option to convert back to residential use. For a buyer or investor evaluating adaptive reuse or a change in occupancy, the existing two-story configuration and parking support both continued office use and conversion planning, subject to applicable approvals and requirements.
Positioned in the central business district, the building is described as having strong visibility. It is also within walking distance to the lake, which may appeal to tenants and occupants who value an accessible, well-frequented setting.
While the building is presently used for office operations, the seller notes the possibilities are many, including the option to convert back to residential use. For a buyer or investor evaluating adaptive reuse or a change in occupancy, the existing two-story configuration and parking support both continued office use and conversion planning, subject to applicable approvals and requirements.
Key Highlights
- Two‑story office building built in 1900
- Located in the central business district with walking distance to the lake
- Blacktop parking lot on site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
666
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with blacktop parking, centrally located for business use and potential redevelopment.
Where is this office building located?
The property is located at 500 Lakeshore Drive East Ashland, WI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑story office building built in 1900; Located in the central business district with walking distance to the lake; Blacktop parking lot on site
