For Sale
$850,000

220 Lake Shore Dr Ashland, WI 54806

Prime location, endless development potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional $850,000 property, located at 220 Lake Shore Dr E in Ashland, Wisconsin, presents a unique investment opportunity. Situated in Ashland's central business district, this historic landmark boasts high traffic counts, ensuring excellent visibility and accessibility. The main building currently features a gymnasium and classrooms on an upper level, offering versatile existing space. An adjacent building provides further potential for redevelopment and expansion, allowing for a multitude of uses depending on the buyer's vision. The property includes ample blacktop parking, a significant advantage in this desirable location. Its proximity to both Lake Superior and the downtown area adds considerable appeal. This property is zoned for special purpose use and is ideal for developers seeking a high-impact project in a thriving Wisconsin community. The 54806 zip code ensures easy access to local amenities and services. The property's size and layout offer significant flexibility for adaptive reuse, making it an attractive proposition for a range of potential buyers. This is a rare chance to acquire a piece of Ashland's history and shape its future.

Highlights

  • $850,000 asking price.
  • Special purpose property; Religious/Church subtype.
  • Located in Ashland, WI, 54806, at 220 Lake Shore Dr E, in the central business district with high traffic counts.
  • Features a gymnasium and classrooms; adjacent building with redevelopment potential.
  • Large paved parking lot; walkable to the lake and downtown.

Property Details for 220 Lake Shore Dr

Property type
Specialty properties, Churches & religious facilities

Location Insight

City
Ashland
County
Ashland
State
Wisconsin
Latitude
46.59306
Longitude
-90.8815327

FAQs

What type of property is this?
Specialty property - Prime location, endless development potential.
Where is the specialty property located?
The property is located at 220 Lake Shore Dr Ashland, WI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price.; Special purpose property; Religious/Church subtype.; Located in Ashland, WI, 54806, at 220 Lake Shore Dr E, in the central business district with high traffic counts.
How can I contact the broker?
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220 Lake Shore Dr
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