Downtown Mixed-Use
For Sale
$395,000
516 W Main street, Ashland, WI 54806
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
Days on Market342
Property Features for 516 W Main street
General Information
Standard status
Active
Size
5,796 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,366
Building Details
Building Size
5,796 SF
Year Built
1900
Listing Agency:
Coldwell Banker Realty - Ashland
(715) 292-0107
Listed By:
Jay Emmert · License #5062990
Source:
Visionsfirstrealty
Added: Sep 16, 2025
Changed: Aug 23
Last Checked: Aug 22 at 11:29AM
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.
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
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
692
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
Questions? Ask Rey
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Frequently Asked Questions
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 W Main street 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
