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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.
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
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
| Parcel Number | 06-806-00522-00 | Improvements Assessment | $276,700 |
| Land Assessment | $52,500 | Total Assessment | $329,200 |
Property Taxes
Parcel Number
06-806-00522-00
Land Assessment
$52,500
Improvements Assessment
$276,700
Total Assessment
$329,200
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