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Property profile & analytics
OFF-MARKET
Commercial land

315 Turner Rd Ashland, WI 54806-2598

1.78 ac lot
Individually Owned 5-yr Hold Free & Clear
Property ID
US92-2264572
Property summary
AI-generated overview

This remarkable 1880 brownstone building, situated on over 3.5 acres adjacent to Prentice Park and steps from Maslowski Beach, presents a rare investment opportunity. Known as "The Platter," this Ashland landmark has been a beloved community fixture for years and is undergoing significant renovations. The extensive updates include a completely remodeled dining room featuring crystal chandeliers, professionally refinished hardwood floors, and the stunning reveal of the original brownstone. Other improvements encompass a renovated kitchen, a reconfigured basement, a new kitchen porch, and a newly poured garage foundation. The property's impressive exterior boasts marble pillars sourced from downtown Ashland. The main floor offers a bar/lounge area, formal dining spaces, a commercial kitchen, and a wraparound porch providing breathtaking Lake Superior views. Upstairs, a newly remodeled bathroom, kitchenette, and ample space are adaptable for residential use, offices, or event space. This property is listed on the Historic Property City of Ashland registry as number 141, offering a unique chance to own a piece of Ashland's rich history. The combination of its prime location, substantial renovations, and historical significance makes this a truly exceptional commercial property. The expansive acreage provides ample room for future development or expansion. This is a chance to acquire a truly one-of-a-kind property with immense potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.78 ac (77,537 SF)
APN 201-04765-0300
UPID US92-2264572
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Anthony Jennings & Crew Real Estate · 5 yrs held
Anthony Jennings & Crew Real Estate
since 2020
Last sale
$32,000
7 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A
2021
Price N/A
2020
Price N/A
2020
$32,000
2019
$178,600
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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