601 Lake Shore DrAshland, WI 54806

For Sale
$349,900

High-traffic location, excellent investment.

Overview

Added:
Feb 3
Days on market:
39
Prime commercial property located at 601 Lake Shore Drive East in Ashland, Wisconsin, presents a remarkable investment opportunity. Situated on a 0.23-acre corner lot, this property boasts exceptional visibility and accessibility, being directly on Highway 2 and just two blocks from Lake Superior. Its strategic location ensures high traffic volume from both locals and tourists. The building features a bright and inviting front lobby, ample parking, and easy access from both Highway 2 and 6th Avenue East. The property includes a spacious kitchen, a dedicated prep area, a functional office space, and substantial storage. The electrical system is robust, featuring three-phase 400-amp service. A lighted highway sign provides additional marketing exposure. The property is currently leased to Taste of Wisconsin, generating a strong return on investment based on existing lease terms. This is an ideal location for a variety of commercial ventures, capitalizing on its high visibility and convenient access. The combination of location, features, and current lease makes this a compelling investment opportunity. The property's size and features offer significant potential for growth and profitability.

Property Details for 601 Lake Shore Dr

Property type
Other commercial real estate
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Ashland
County
ASHLAND
State
Wisconsin
Latitude
46.5955
Longitude
-90.87771
601 Lake Shore Dr, Ashland, Wisconsin

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601 Lake Shore Dr
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