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Property profile & analytics
OFF-MARKET
Office Spaces

411 Ellis Ave Ashland, WI 54806

22,263 SF
Property ID
Property summary
AI-generated overview

This exceptional 22,263 square foot medical office building in Ashland, Wisconsin, presents a unique investment opportunity. Currently priced at $2,900,000 ($130.26/sq ft), the property boasts a prime location in the central business district, offering excellent visibility and accessibility. Previously utilized as a medical clinic, a portion of the building is currently leased to the USDA, generating supplemental income. The adaptable layout allows for a variety of business uses, making it an ideal investment for entrepreneurs and established businesses alike. The building features a substantial parking lot with approximately 90 spaces, ensuring ample parking for staff and clients. This single-unit property offers significant potential for growth and return on investment. While currently for sale, lease options are also available, providing flexibility for potential buyers. The property's central location in Ashland, Wisconsin, offers easy access to local amenities and a thriving community. This is a rare opportunity to acquire a well-situated, versatile commercial building with existing income streams and significant upside potential. The property is located at 411 Ellis Ave S, Ashland, WI 54806.

Property profile
Verified
Property type Office Spaces
Total area 22,263 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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