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Downtown Mixed-Use Duplex

516 Main St W Ashland, WI 54806

516 Main St W, Ashland, WI, 54806
$395,000
For Sale
$395,000

Recently remodeled upper apartments sit above a leased main-level beauty salon with a full basement and rear off-street parking.

Property Size5,796 SF
Price / SF$68.15
Days on Market309

Property Features for 516 Main St W

General Information

Standard status
Active
Size
5,796 SF
Listing agency Coldwell Banker Realty - Ashland
Listed by Jay Emmert · License #5062990
Source Exprealty
Added: Sep 16, 2025 Updated: Jul 20 at 11:15PM Checked: Jul 20 at 11:15PM

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 downtown mixed-use property features two upstairs apartments that have been recently remodeled. The main level is currently leased to the One on One Beauty Salon, providing an income-generating storefront component. A full basement sits beneath the building, and off-street parking is located in the back.

Recent exterior and electrical service updates have been completed, helping support the building’s overall condition.

The configuration includes both residential rental space and an active main-level lease, along with basement space and rear parking to serve occupants and visitors.

Key Highlights

  • Downtown historical property with 2 upstairs apartments recently remodeled
  • Main level is currently leased to the One on One Beauty Salon
  • 2 upstairs apartments provide rental income

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Catering Service Butcher Bakery Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Recently remodeled upper apartments sit above a leased main-level beauty salon with a full basement and rear off-street parking.
Where is this duplex located?
The property is located at 516 Main St W Ashland, WI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Downtown historical property with 2 upstairs apartments recently remodeled; Main level is currently leased to the One on One Beauty Salon; 2 upstairs apartments provide rental income
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