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Investment Highlights

  • Corner location on Main Street in downtown Ashland.
  • Flexible layout suitable for multiple commercial uses.
  • High ceilings and preserved vintage architectural character.
  • Off-street parking supports customer and employee convenience.
  • Full kitchen, multiple restrooms, and separate side entrance.
  • Full lower level includes workspace, storage, and shower facilities.

Executive Summary

Located on a prominent corner along Main Street in downtown Ashland, this former American Legion building presents an opportunity for investors, entrepreneurs, and owner-users seeking a flexible commercial property in one of northern Wisconsin's established Lake Superior communities. Positioned just blocks from the waterfront and within Ashland's central business district, the property benefits from visibility, accessibility, and proximity to local businesses, tourism activity, community services, and downtown amenities.
The building offers a versatile layout that can accommodate a variety of commercial, community-oriented, professional, retail, or service-related uses. The main level features two large open rooms, a full kitchen, two restrooms, substantial storage space, and a separate entrance from the parking area, providing flexibility for different operational needs. High ceilings and preserved vintage architectural elements contribute character while allowing future owners to customize the space for their intended use.
Additional functionality is found in the full lower level, which includes extensive workspace and storage areas, a bathroom, sink, and two showers. Off-street parking further enhances convenience for employees, customers, and visitors, a valuable amenity within a downtown setting. Ashland's location along U.S. Highway 2 and its role as a regional hub for commerce, tourism, education, and recreation support continued demand for well-located commercial properties. Combined with its corner-lot position, adaptable floor plan, and downtown presence, the property offers a practical opportunity for a range of commercial applications.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
1,408 SF
Building Class
C
Year Built
1940
Price
$119,900
Price Per SF
$85.16
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,408 SF
Building FAR
0.29
Lot Size
0.11 AC
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
201-01624-0000
Land Assessment
$25,000
Improvements Assessment
$55,000
Total Assessment
$80,000
  • Listing ID: 41734518

  • Date on Market: 8/13/2026

  • Last Updated:

  • Address: 220 Main St E, Ashland, WI 54806

Contact the Sale Advisor

220 Main St E

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