210 Main Street W, Ashland, WI 54806

$2,775,000
Property Type: Commercial Bedrooms: 1 Baths: 1 Lot Size (sq. ft.): 20,909 Status: Active
Current Price: $2,775,000 List Date: 5/28/2026 Last Modified: 5/29/2026

Overview

Description

Large mixed-use investment opportunity in the heart of downtown Ashland. This impressive 37-unit property features 5 commercial storefront spaces on the main level along with 32 residential apartments above, offering a desirable mix of studio, 1-bedroom, and 2-bedroom units. All residential units feature private bathrooms with no shared facilities. Coin-operated laundry facilities are located on each floor, creating additional income potential. Major exterior improvements include newer windows completed within the last 10 years. A rare opportunity to own a high-unit-count income-producing asset. Willing to sell individually or as a package with 410 Main Street.

Listing Details MLS# 7082012

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
14
Owner Occupied
No
Year Built
1959
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
35078
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.48
Lot Dimensions
140x150
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: None Appliances: Range; Refrigerator CMU Style: Mixed Use Construction Materials: Brick; Frame Construction Status: Previously Owned Current Use: Commercial; Residential; Retail Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Baseboard; Forced Air; Steam Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: None Lot Description: Corner Lot; Public Transit (w/in 6 blks) On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Unassigned; Uncovered/Open Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
2775000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
210
Street Name
Main
Street Suffix
Street
Street Direction Suffix
W
Postal City
Ashland
County
Ashland
State
WI
Zip Code
54806
Complex/Dev/Subdivision
Ellis Div

Assessments

Tax With Assessments
11961
Assessment Balance
0

Basement

Foundation Dimensions
138x80

More Information

Building Information

Building Finished SqFt
35078
Building SqFt
35078

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
04W
Section#
33
Township#
48N

Sale Options

Sale Includes
Building, Land

Unit 1

Unit Number
Yes
Monthly Rent
725
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Level
2nd Level
Leased?
Yes
Lease Expiration Date
2026-09-30

Unit Details

Total Units
37

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
EAST 100' OF LOT 19 & ALL OF LOTS 20 THRU 24 BLOCK 110 ELLIS DIVISION
Listing City
Ashland
Map Page
999
Municipality
Ashland
School District
Ashland
School District Phone
715-682-7080
Zip Plus 4
7700
Property ID Number
201016570000
Tax Year
2025
Tax Amount
11961
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Large mixed-use investment opportunity in the heart of downtown Ashland. This impressive 37-unit property features 5 commercial storefront spaces on the main level along with 32 residential apartments above, offering a desirable mix of studio, 1-bedroom, and 2-bedroom units. All residential units feature private bathrooms with no shared facilities. Coin-operated laundry facilities are located on each floor, creating additional income potential. Major exterior improvements include newer windows completed within the last 10 years. A rare opportunity to own a high-unit-count income-producing asset. Willing to sell individually or as a package with 410 Main Street.
Directions
Traveling Northeast on Hwy 2, take a right onto 3rd Ave W, travel one block and take a left onto Main Street. Building will be on the right-hand side.

Accessible

None
Yes

Air Conditioning

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Construction Materials

Brick
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Baseboard
Yes
Forced Air
Yes
Steam
Yes

Lock Box Type

None
Yes

Lot Description

Corner Lot
Yes
Public Transit (w/in 6 blks)
Yes

Parking Characteristics

Parking Lot
Yes
Unassigned
Yes
Uncovered/Open
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Flat
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Mixed Use
Yes

Current Use

Commercial
Yes
Residential
Yes
Retail
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Downtown
Yes

Documents

IDX
Listing Office: RE/MAX Results Duluth
Last Updated: May - 29 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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