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    Ashland, WI Restaurants for Sale

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    Washburn, WI Mason, WI Bayfield, WI
    Renovated Commercial Space on Highway 2
    $274,900
    0.15 Acres
    Renovated Commercial Space on Highway 2

    722 Lake Shore Dr E, Ashland, WI 54806

    Renovated commercial space with new kitchen, smoker, and highway exposure.
    • Completely renovated space with mostly brand new, state‑of‑the‑art equipment.
    • Brilliantly constructed new commercial kitchen with HUGE walk‑in cooler and smoker.
    • Phenomenal exposure on HWY 2 with Lake Superior view.
    • Spacious corner lot location.
    • Front entrance opens to either side for two businesses or one combined business.
    Updated: Sep 9, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ashland, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Bakery Business Opportunity
    $189,000
    1,600 SF
    Established Bakery Business Opportunity

    Turnkey artisan bakery with equipment, recipes, and real estate.

    230 E Aurora Street, Ironwood, MI 49938

    View details
    Washburn Commercial Building For Sale
    $114,900
    1,700 SF
    Washburn Commercial Building For Sale

    Commercial building in Washburn with expansion possibilities and high visibility.

    901 W Bayfield Street Washburn WI 54891, Washburn, WI 54891

    View details
    Washburn Restaurant Opportunity For Sale
    $144,900
    1,700 SF
    Washburn Restaurant Opportunity For Sale

    Remodeled restaurant space with updated commercial appliances in central Washburn.

    901 W Bayfield St, Washburn, WI 54891

    View details
    Operating Restaurant Near Powderhorn Ski
    $204,900
    1,952 SF
    Operating Restaurant Near Powderhorn Ski

    Turn-key restaurant with bar and patio near Powderhorn Ski Hill.

    N11582 Black River, Ironwood, MI 49938

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lot on Highway 27
    $59,000
    Commercial Lot on Highway 27

    Prime commercial lot in Hayward, WI, high-visibility location.

    Lot, Hayward, WI 54843

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    Corner Lot in Downtown Park Falls
    Contact for pricing
    0.13 Acres
    Corner Lot in Downtown Park Falls

    Corner lot suitable for business in downtown Park Falls, Wisconsin.

    172&184 2ND AVE N, Park Falls, WI 54552

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    Corner Lot in Downtown
    Contact for pricing
    Corner Lot in Downtown

    Corner lot suitable for business in downtown Park Falls.

    172-184 2nd Avenue North, Park Falls, WI 54552

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    Vacant City Lot in Downtown
    Contact for pricing
    0.06 Acres
    Vacant City Lot in Downtown

    Vacant 0.06 acre city lot in downtown Park Falls.

    ON DIVISION ST, Park Falls, WI 54552

    View details

    Ashland, WI Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Ashland, WI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $274,900.

    Sale prices for restaurant properties in Ashland, WI start at $274,900, averaging $274,900, and reaching up to $274,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +1.7%
    Median Household Income $59,556
    College Educated 33.3%

    High-Yield Neighborhoods for Investment

    Identify Ashland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54806 $274.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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