Restaurants

Ashland, WI Restaurants for Sale

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Washburn, WI Mason, WI Bayfield, WI Grand View, WI Mellen, WI Herbster, WI Cornucopia, WI Iron River, WI
Historic Brownstone Restaurant Building
Updated: Jun 9
Historic Brownstone Restaurant Building

315 Turner Rd, Ashland, WI 54806

Contact for pricing
4,359 sqft 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
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Restaurant with Commercial Kitchen
Updated: Jul 22
Restaurant with Commercial Kitchen

201 Main St E, Ashland, WI 54806

$249,900
Corner restaurant on Second Street and Main Street in the heart of Ashland, set just down from Lake Superior
Dining area with a wall of high backed booths plus a bar and a coveted corner window seat
Commercial kitchen with high grade commercial kitchen flooring installed within the last five years
Updates within the last five years: new roof, fresh paint, and all new flooring
Includes a convenient upper‑level office plus a full basement for storage
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Lake Delta Resort with Bar
Lake Delta Resort with Bar

12770 Scenic Drive, Iron River, WI 54847

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

Resort with bar, restaurant, and 3-bedroom home on Lake Delta.

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Lakefront Resort and Restaurant
Lakefront Resort and Restaurant

12770 Scenic Dr, Iron River, WI 54847

$1,295,000

Lakefront resort with on-site bar and restaurant, attached owner home, and three rental cabins.

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Delta, WI Restaurant Opportunity
Delta, WI Restaurant Opportunity

14385 County Hwy H, Mason, WI

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2,066 sqft 6.34 AC lot

Profitable restaurant location for sale in Delta, Wisconsin.

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Historic Bar and Residence
Historic Bar and Residence

24445 County Hwy E, Mason, WI 54856

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Front bar and poolroom space with food prep and restrooms, plus a back residential unit with two bedrooms.

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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.

Highway 27 Commercial Lot
Highway 27 Commercial Lot

Highway 27 lot: #1, Hayward, WI 54843

$59,000
0.47 AC lot

Commercial lot on Highway 27 in Hayward, Wisconsin.

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Corner Lot in Downtown Park Falls
Corner Lot in Downtown Park Falls

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

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0.13 AC lot

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

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Corner Lot in Downtown
Corner Lot in Downtown

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

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Corner lot suitable for business in downtown Park Falls.

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Vacant City Lot in Downtown
Vacant City Lot in Downtown

ON DIVISION ST, Park Falls, WI 54552

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0.06 AC lot

Vacant 0.06 acre city lot in downtown Park Falls.

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Ashland, WI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Ashland, WI on our real estate platform. These investment opportunities span a total of 4,359 square feet of properties for sale, with an estimated market value of $249,900.

Sale prices for restaurant properties in Ashland, WI average $249,900 — 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 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 $312.4K

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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