Share This Listing

Message

952 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1309 Tower Ave
Superior, WI 54880
Elbo Room · Retail Property For Sale

Investment Highlights

  • Downtown location with an estimated 8,000 vehicles passing daily.
  • Elevator shaft prepared for future equipment installation.
  • Structural upgrades include a front I-beam and center support posts.
  • New 800-amp electrical system with panels installed throughout.
  • Front parking plus access to additional city parking at the rear.
  • Four furnaces and a 6-inch water line already installed.

Executive Summary

his downtown Superior property presents an opportunity for an owner-user, developer, or investor to acquire a commercial asset with significant infrastructure improvements already completed. Offering approximately 13,850 square feet of finishable space, the building provides flexibility for a variety of commercial uses, including retail, office, service-oriented businesses, or a mixed-use redevelopment concept.
Positioned in the heart of Downtown Superior, the property benefits from strong visibility along a well-traveled corridor with an estimated 8,000 vehicles passing daily. Its central location places future occupants within an established commercial district, supporting customer access, business exposure, and long-term redevelopment potential. The combination of downtown positioning and adaptable interior space creates an opportunity to tailor the property to a wide range of operational or investment objectives.
Substantial capital improvements have already been completed, reducing the time and expense often associated with redevelopment projects. The property features a new 800-amp electrical system with panels installed throughout the building, a 6-inch water line, four furnaces, a prepared elevator shaft ready for equipment installation, and structural enhancements including a front I-beam and center support posts. On-site front parking and access to a city parking lot at the rear further enhance accessibility for customers, employees, and tenants.
With major infrastructure work already in place and state-approved plans completed, this property offers a head start for buyers seeking to accelerate development timelines and bring a commercial vision to life in a prominent downtown location.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,850 SF
Building Class
C
Year Built
1900
Price
$399,900
Price Per SF
$28.87
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.98
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial
Parking
20 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
53’ on Tower Ave

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
06-806-00522-00
Land Assessment
$52,500
Improvements Assessment
$276,700
Total Assessment
$329,200
  • Listing ID: 42048558

  • Date on Market: 9/4/2026

  • Last Updated:

  • Address: 1309 Tower Ave, Superior, WI 54880

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}