For Sale: Ashland MLS# 7082071
Active
NEW!
$450,000
Commercial: Other
1 br • 1 ba • Built 2004
0.08 acres
Ashland schools
MLS# 7082071
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Property Description
Located in the heart of downtown Ashland, this 6-unit mixed-use investment opportunity offers strong rental income potential with historically solid occupancy in one of Northern Wisconsin’s most charming Lake Superior communities. The property features one commercial storefront on the main level along with five upper-level residential units, each offering 1 bedroom and 1 bathroom. Tenants pay electric separately for their own units, and each unit is individually zoned for boiler heat, providing added efficiency and management flexibility for ownership. Positioned along historic Main Street, tenants and visitors alike enjoy close proximity to Ashland’s vibrant downtown district, local shops, restaurants, the Lake Superior waterfront, and the renowned Ashland Mural Walk. Whether you are looking to expand your investment portfolio or own a versatile income-producing property, this listing presents a great opportunity! Willing to sell individually or as a package with 210 Main Street.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Commercial
City:
Ashland
Garage Spaces:
0
County:
Ashland
Year Built:
2004
State:
WI
Property Style:
Other
Zip Code:
54806
Subdivision Name:
Vaughns Div
Interior
Bedrooms:
1
Bathrooms:
1
Appliances Included:
- Gas Water Heater
- Range
- Refrigerator
Basement Details:
Full
Exterior
Stories:
Three Or More
Garage Spaces:
0
Air Conditioning:
None
Foundation Size:
3,485 ft2
Foundation Dimensions:
25x97
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Concrete
- Parking Lot
- Paved Lot
Exterior Material:
Frame
Roof Details:
- Flat
- Rubber
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.08
Geolocation:
46.589372, -90.887305
Inclusions:
Building, Land
Lot Dimensions:
25 x 140
Zoning:
Business/Commercial
Schools
School District:
170
District Phone:
7156827080
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,424
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,424
Units
Total Units:
6
Miscellaneous
Current Use:
- Commercial
- Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results Duluth.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.