220 Lake Shore Dr Ashland, WI 54806

This exceptional $850,000 property, located at 220 Lake Shore Dr E in Ashland, Wisconsin, presents a unique investment opportunity. Situated in Ashland's central business district, this historic landmark boasts high traffic counts, ensuring excellent visibility and accessibility. The main building currently features a gymnasium and classrooms on an upper level, offering versatile existing space. An adjacent building provides further potential for redevelopment and expansion, allowing for a multitude of uses depending on the buyer's vision. The property includes ample blacktop parking, a significant advantage in this desirable location. Its proximity to both Lake Superior and the downtown area adds considerable appeal. This property is zoned for special purpose use and is ideal for developers seeking a high-impact project in a thriving Wisconsin community. The 54806 zip code ensures easy access to local amenities and services. The property's size and layout offer significant flexibility for adaptive reuse, making it an attractive proposition for a range of potential buyers. This is a rare chance to acquire a piece of Ashland's history and shape its future.