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    Ashland, WI
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    Ashland, WI Restaurants for Sale

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    La Pointe, WI Bayfield, WI Washburn, WI Mason, WI Sanborn, WI Marengo, WI Mellen, WI Cornucopia, WI
    Mixed-Use Bar Property
    Updated: Jun 25
    Mixed-Use Bar Property

    1222 Lake Shore Dr E, Ashland, WI 54806

    $149,900
    2,600 sqft
    Mixed‑use property with a main‑level bar and upper‑floor apartment
    Two‑bedroom apartment includes a deck, Lake Superior views, and an enclosed sunporch
    Main level has a walk‑in cooler, two restrooms, and back storage
    Located one block from Lake Superior along HWY 2
    Off‑street parking included
    View details
    Historic Brownstone Restaurant Building
    Updated: May 31
    Historic Brownstone Restaurant Building

    315 Turner Rd, Ashland, WI 54806

    $549,900
    3.50 AC lot
    1880 brownstone restaurant building with bar/loung​e, multiple dining areas, and a commercial kitchen
    On over 3.5 acres and adjacent to Prentice Park, just steps from Maslowski Beach
    Main floor includes bar/lounge, formal dining areas, commercial kitchen, and a wrap‑around porch
    Wrap‑around porch offers Lake Superior views
    Renovations in progress include remodeled kitchen, refinished hardwood floors, revealed brownstone, and renovated dining room with crystal chandeliers
    View details
    Restaurant with Commercial Kitchen
    Restaurant with Commercial Kitchen

    201 Main St E, Ashland, WI 54806

    $249,900

    Corner restaurant includes booths, bar, a commercial kitchen, and dedicated upper-level office plus basement storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ashland, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Resort Lodge with Restaurant
    Resort Lodge with Restaurant

    12770 Scenic Drive, Iron River, WI 54847

    $1,295,000
    5,040 sqft 14.00 AC lot

    Includes an attached three-bedroom residence with an open-concept kitchen and great room.

    View details
    Two-Story Bar with Apartment
    Two-Story Bar with Apartment

    7610 US-2, Iron River, WI 54847

    Contact for pricing
    2,200 sqft

    A remodeled two-bedroom apartment adds residential flexibility above an operating tavern with on-site parking.

    View details
    Log Cabin Restaurant Building
    Log Cabin Restaurant Building

    905 W Bayfield St, Washburn, WI 54891

    $199,000

    Commercially zoned, single-level restaurant property with dedicated kitchen, bar, dining, storage, and parking areas.

    View details
    Updated Tavern with Outdoor Deck
    Updated Tavern with Outdoor Deck

    308 W Bayfield St, Washburn, WI 54891

    $229,900

    Well-established tavern/pup building includes an open commercial-grade kitchen and a covered back deck for outdoor service.

    View details

    Ashland, WI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Ashland, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,600 square feet of properties for sale, with an estimated market value of $949,700.

    Sale prices for restaurant properties in Ashland, WI start at $149,900, averaging $316,566, and reaching up to $549,900 — 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 3
    Conventional restaurants 3
    Bars & Pubs 2

    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 $316.6K

    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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