410 Main Street W, Ashland, WI 54806

New Listing
$450,000
Property Type: Commercial Bedrooms: 1 Baths: 1 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $450,000 List Date: 5/28/2026 Last Modified: 5/28/2026

Overview

Description

Located in the heart of downtown Ashland, this 6-unit mixed-use investment opportunity offers strong rental income potential with historically solid occupancy in one of Northern Wisconsin’s most charming Lake Superior communities. The property features one commercial storefront on the main level along with five upper-level residential units, each offering 1 bedroom and 1 bathroom. Tenants pay electric separately for their own units, and each unit is individually zoned for boiler heat, providing added efficiency and management flexibility for ownership. Positioned along historic Main Street, tenants and visitors alike enjoy close proximity to Ashland’s vibrant downtown district, local shops, restaurants, the Lake Superior waterfront, and the renowned Ashland Mural Walk. Whether you are looking to expand your investment portfolio or own a versatile income-producing property, this listing presents a great opportunity! Willing to sell individually or as a package with 210 Main Street.

Listing Details MLS# 7082071

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront Present
No
Year Built
2004
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3485
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
25x140
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: None Appliances: Range; Refrigerator Basement: Full CMU Style: Mixed Use Construction Materials: Frame Construction Status: Previously Owned Current Use: Commercial; Residential Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Boiler Lock Box Type: None On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Paved Lot 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
450000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
410
Street Name
Main
Street Suffix
Street
Street Direction Suffix
W
Postal City
Ashland
County
Ashland
State
WI
Zip Code
54806
Complex/Dev/Subdivision
Vaughns Div

Assessments

Tax With Assessments
3424
Assessment Balance
0

Basement

Foundation Dimensions
25x97
Full
Yes

More Information

Building Information

Building Finished SqFt
3485
Building SqFt
3485

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
04W
Section#
32
Township#
48N

Sale Options

Sale Includes
Building, Land

Unit 1

Unit Number
Yes
Monthly Rent
850
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Leased?
Yes
Lease Expiration Date
2026-09-30

Unit Details

Total Units
6

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 18 BLK 112 VAUGHNS 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
201042880000
Tax Year
2025
Tax Amount
3424
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Located in the heart of downtown Ashland, this 6-unit mixed-use investment opportunity offers strong rental income potential with historically solid occupancy in one of Northern Wisconsin’s most charming Lake Superior communities. The property features one commercial storefront on the main level along with five upper-level residential units, each offering 1 bedroom and 1 bathroom. Tenants pay electric separately for their own units, and each unit is individually zoned for boiler heat, providing added efficiency and management flexibility for ownership. Positioned along historic Main Street, tenants and visitors alike enjoy close proximity to Ashland’s vibrant downtown district, local shops, restaurants, the Lake Superior waterfront, and the renowned Ashland Mural Walk. Whether you are looking to expand your investment portfolio or own a versatile income-producing property, this listing presents a great opportunity! Willing to sell individually or as a package with 210 Main Street.
Directions
Traveling Northeast on Hwy 2, take a right onto Vaughn Ave, 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

Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Lock Box Type

None
Yes

Parking Characteristics

Parking Lot
Yes
Paved Lot
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

Documents

IDX
Listing Office: RE/MAX Results Duluth
Last Updated: May - 28 - 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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