215 Lake Shore Dr Ashland, WI 54806

Property Details for 215 Lake Shore Dr

Year built

1920

Lot size

54.00 lot acres

Property type

Commercial real estate

Description

This exceptional 54-acre property, located at 215 Lake Shore Drive East in Ashland, Wisconsin, presents a unique investment opportunity. Situated in the heart of the city's central business district, this landmark location boasts the highest traffic count, ensuring maximum visibility and accessibility. The property currently features a gymnasium and accompanying classrooms on an upper level, offering a solid foundation for various redevelopment projects. The expansive acreage provides ample space for expansion or the creation of entirely new commercial ventures. Its historic significance adds considerable value and character, making it an attractive proposition for developers seeking a high-impact project. The asking price of $399,000 reflects the significant potential inherent in this prime location and its existing infrastructure. This is a rare chance to acquire a piece of Ashland's history and shape its future. The property's central location and high traffic volume make it ideal for a wide range of commercial uses, from retail and hospitality to office space and mixed-use developments. The existing building provides a solid starting point for renovations or adaptive reuse, offering significant cost savings compared to starting from scratch. Serious inquiries are encouraged to explore the full potential of this remarkable property. The sheer size of the lot, combined with its prime location, makes this a truly exceptional opportunity in the Ashland commercial real estate market.

Location Insight

City

Ashland

County

ASHLAND

State

Wisconsin

Longitude

-90.882

Latitude

46.59267