50467 State Highway 13Ashland, WI 54806

  • Commercial real estate
  • 5.10 AC
For Sale
$399,000 View listing

Property Details for 50467 State Highway 13

Lot size
5.10 AC
Property type
Commercial real estate
APN
008-00266-0300
APU
8002660300

Description

This exceptional 4,000 square foot commercial building, constructed in 2015, presents a unique investment opportunity in Ashland, Wisconsin. Currently operating as a successful wedding venue, this property boasts a spacious 3,200 square foot main hall with impressive 14-foot ceilings, perfect for large gatherings and events. Situated on a picturesque 5-acre lot, the venue includes a substantial 30ft x 50ft concrete patio overlooking a beautifully landscaped lawn and pergola, creating an idyllic setting for celebrations. The interior features two separate bathrooms, a fully equipped holding kitchen, a welcoming foyer entrance, a dedicated bridal suite, and two utility rooms, along with a convenient bar area. The property's versatility extends beyond its current use

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $46,751,280
    Hospitality
    $42,823,920
    Educational
    $35,629,000
    Medical
    $36,854,336
    Retail
    $55,422,888

Location Insight

City
Ashland
County
Ashland
State
Wisconsin
Latitude
46.552
Longitude
-90.857

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,092
$22,200
$129,700
$151,900
-
$26,687
$155,913
$182,600

FAQs

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