Retail

Ashland, WI Retail Space 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 Commercial Property
Updated: Jun 16
Mixed-Use Commercial Property

Highway 2 Lake Shore Drive, Ashland, WI 54806

$1,695,000
Commercial/Residential zoning
Located along Highway 2 Lake Shore Drive in Ashland, WI
Views of Lake Superior’s Chequamegon Bay
Offering includes commercial business locations and homes
Multiple adjacent properties are available
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Historic Ashland Building on Main
Updated: Oct 19, 2025
Historic Ashland Building on Main

518 Main St W, Ashland, WI 54806

$249,000
0.08 AC lot
Historic 1884 Brick and Mortar Landmark: Iconic Bardon's Building in the heart of Main Street, Ashland.
Versatile Commercial Space: Suitable for retail, office, gallery, or service business, featuring large display windows and high foot traffic.
Charming 1‑Bedroom Apartment: Spacious living quarters with a lakeview of Lake Superior, ideal for owner occupancy or rental income.
Live/Work Setup: Offers flexibility and financial potential for investors, entrepreneurs, or those seeking a combined living and business space.
Dry Full Basement: Provides ample space for storage, workshop, or future expansion.
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Storefront Building with Basement
Storefront Building with Basement

316 Main St W, Ashland, WI 54806

$599,500

Flexible commercial space with customer street parking and additional employee parking behind the building.

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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.

Shopping Center with Expansion Land
Shopping Center with Expansion Land

629 W Cloverland Drive, Ironwood, MI 49938

$2,500,000
20,975 sqft 4.30 AC lot

Established commercial center with multiple suites, on-site parking, public utilities, and adaptable interior layouts.

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Acreage Retail Storefront
Acreage Retail Storefront

14830 W Nelson Lake Rd, Hayward, WI 54843

$119,000
955 sqft 5.00 AC lot

Commercially zoned site near Nelson Lake with retail, office, kitchenette, and on-site parking.

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Storefront Property with Acreage
Storefront Property with Acreage

14830 W Nelson Lake Road, Hayward, WI 54843

$119,000
955 sqft 5.00 AC lot

Commercially zoned storefront with retail space, private office and kitchenette, storage, and on-site parking.

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Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

629 CLOVERLAND DR, Ironwood, MI 49938

$2,500,000
4.30 AC lot

Versatile retail property with multiple suites, supplemental buildings, dedicated parking, and adaptable interior layouts.

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Ashland, WI Retail Space Market Trends and Statistics

Explore 3 retail space for sale in Ashland, WI, showcased through 3 active listings on our real estate platform.

Sale prices for retail space in Ashland, WI start at $249,000, averaging $847,833, and reaching up to $1,695,000 — 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

Storefront properties 4
Grocery and convenience stores 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 $424.3K

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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