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Harbor Bar 1222 Lake Shore Dr W 2,000 SF 50% Leased Retail Building Ashland, WI 54806 $149,900 ($74.95/SF)
Investment Highlights
- Highway Exposure
- Lake View
- Corner Lot
Executive Summary
The beacon of the Harbor Bar is guiding you to Ashland! With it's iconic historic facade this is your chance to own a commercial property and upper level apartment just a block away from Lake Superior. Incredible exposure on HWY 2 with off street parking the main level houses the bar, walk-in cooler, two restrooms, and back storage area. A nice two bedroom upper level apartment has a deck off the living space with Lake Superior views and a bright, enclosed sunporch off the back. Live on site or rent out the apartment for extra income. Continue the business or bring your ideas to this great property and location!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Building Size
2,000 SF
Year Built
1985
Price
$149,900
Price Per SF
$74.95
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.08 AC
Zoning
Res/Rec Bus
Parking
6 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
40’ on US Hwy 2
Amenities
- Corner Lot
- Storage Space
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 201-01181-0000 | Improvements Assessment | $52,900 |
| Land Assessment | $7,100 | Total Assessment | $60,000 |
Property Taxes
Parcel Number
201-01181-0000
Land Assessment
$7,100
Improvements Assessment
$52,900
Total Assessment
$60,000
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Harbor Bar | 1222 Lake Shore Dr W
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