For Sale
$2,900,000

411 Ellis AveAshland, WI 54806

Prime Medical Office, Downtown Ashland, WI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 22,263 square foot medical office building in Ashland, Wisconsin, presents a unique investment opportunity. Currently priced at $2,900,000 ($130.26/sq ft), the property boasts a prime location in the central business district, offering excellent visibility and accessibility. Previously utilized as a medical clinic, a portion of the building is currently leased to the USDA, generating supplemental income. The adaptable layout allows for a variety of business uses, making it an ideal investment for entrepreneurs and established businesses alike. The building features a substantial parking lot with approximately 90 spaces, ensuring ample parking for staff and clients. This single-unit property offers significant potential for growth and return on investment. While currently for sale, lease options are also available, providing flexibility for potential buyers. The property's central location in Ashland, Wisconsin, offers easy access to local amenities and a thriving community. This is a rare opportunity to acquire a well-situated, versatile commercial building with existing income streams and significant upside potential. The property is located at 411 Ellis Ave S, Ashland, WI 54806.

Highlights

  • $2,900,000 asking price.
  • 22,263 square foot medical office building.
  • $130.26 price per square foot.
  • Located in Ashland, WI, in the central business district.
  • Features a large parking lot with approximately 90 spaces.
  • Partially leased to the USDA, generating additional income.

Property Details for 411 Ellis Ave

Property type
Office properties, Medical offices
Square Feet
22,263 SF
Units
1

Location Insight

City
Ashland
County
Ashland
State
Wisconsin
Latitude
46.5882735
Longitude
-90.8828827
411 Ellis Ave, Ashland, Wisconsin

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411 Ellis Ave
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