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    118 3Rd St Ashland, WI 54806

    For Lease
    Contact for pricing

    Ashland County, 15,000 SF, Sublease Opportunity

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 15,000-square-foot executive office space presents a unique sublease opportunity in Ashland County. Currently vacant and ready for immediate occupancy, the property offers a turnkey solution for businesses seeking a substantial and well-appointed workspace. The entire 15,000 square feet is available as a single-tenant space, ideal for a company requiring a large, contiguous footprint. The space is classified as both retail and office, offering flexibility in its potential use. The existing furniture is available, making this a true "plug-and-play" situation, minimizing the time and expense associated with setting up a new office. This significantly reduces the upfront investment required to establish operations. The sublease agreement expires on December 31, 2024, providing a defined timeframe for occupancy. This presents a compelling opportunity for a business seeking a short-term or transitional space, or a company looking to establish a strong presence in Ashland County before committing to a long-term lease. The property's size and configuration make it suitable for a variety of businesses, from corporate headquarters to large-scale professional practices. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is located in Ashland County, offering access to local amenities and a convenient business environment.

    Property Features for 118 3Rd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,000 SF

    HighLights

    • 15,000 square foot retail/office building.
    • Fully vacant, 15,000 square feet available for lease.
    • Sublease expires December 31, 2024.
    • Turnkey space; furniture available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Ashland
    State
    Wisconsin
    Longitude
    -90.8814485
    Latitude
    46.5906456

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    Nearby Similar for Lease

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      Downtown Ashland Office Space

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      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Ashland County, 15,000 SF, Sublease Opportunity
    Where is this office property / space located?
    The property is located at 118 3Rd St Ashland, WI.
    What are key features of this property?
    This property features: 15,000 square foot retail/office building.; Fully vacant, 15,000 square feet available for lease.; Sublease expires December 31, 2024.
    Request Owner's contact information
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    Ashland, WI 54806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 3Rd St Ashland, WI 54806
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