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Historic Ashland Building on Main
For Sale
$249,000

518 Main St W, Ashland, WI 54806

Iconic 1884 building with commercial space and residential apartment.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market307

Property Features for 518 Main St W

General Information

Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Annual Taxes $1,111
Listing Agency: By the Bay Realty
Listed By: Jeromey Rux
Source: Exprealty
Added: Oct 19, 2025 Changed: Aug 14 Last Checked: Aug 13 at 6:50AM

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 By the Bay Realty

Investment Insights

Based on property information with market context.

The Bardon's Building, constructed in 1884, is located on Main Street in Ashland. This brick building includes a commercial space on the main level suitable for retail, office, gallery, or service business use. The commercial space features large display windows and includes a "Safe" from its days as Ashland's Bank. The upper level contains a one-bedroom apartment with a lake view of Lake Superior, suitable for either owner occupancy or rental income. A full basement provides storage and workshop space.

Key Highlights

  • Historic 1884 Brick and Mortar Landmark: Iconic Bardon's Building in the heart of Main Street, Ashland.
  • Versatile Commercial Space: Suitable for retail, office, gallery, or service business, featuring large display windows and high foot traffic.
  • Charming 1‑Bedroom Apartment: Spacious living quarters with a lakeview of Lake Superior, ideal for owner occupancy or rental income.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store

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

692
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

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
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Frequently Asked Questions

What type of property is this?
Live-work space - Iconic 1884 building with commercial space and residential apartment.
Where is this live-work space located?
The property is located at 518 Main St W Ashland, WI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Historic 1884 Brick and Mortar Landmark: Iconic Bardon's Building in the heart of Main Street, Ashland.; Versatile Commercial Space: Suitable for retail, office, gallery, or service business, featuring large display windows and high foot traffic.; Charming 1‑Bedroom Apartment: Spacious living quarters with a lakeview of Lake Superior, ideal for owner occupancy or rental income.
More about this property
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