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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$450,000

Est. payment - /mo

1 Bed

1 Bath

3,484 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Vaughns Div

MLS Listing ID 7082071

Bedrooms 1

Year Built 2004

Annual Tax Amount $3,424

Tax Year 2025

Contingent None

Lot Size 3,484 Sqft

Lot Dimensions 25x140

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.

Location

State WI

County Ashland

Zoning Business/Commercial

Rooms

Basement Full

Interior

Heating Boiler

Cooling None

Inclusions Building, Land

Fireplace No

Appliance Gas Water Heater, Range, Refrigerator

Exterior

Parking Features Concrete, Parking Lot, Paved Lot

Utilities Available Electric Separate

Roof Type Flat,Rubber

Present Use Commercial,Residential

Building

Story Three Or More

Foundation 3485

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Frame

New Construction false

Schools

School District Ashland

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Listed by Aiden Bachand • RE/MAX Results Duluth

Nearby School & Business

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

Featured Communities in Minnesota

410 Main ST W Ashland, WI 54806

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information