www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33809059
33809058

1222 Lake Shore Dr E, Ashland, WI 54806

AJ
WI 938501-94
Anthony Jennings & Crew Real Estate
Listed by Anthony Jennings & Crew Real Estate
$149,900
3 days on market
Updated 3 days ago

Harbor Bar

Details
APN 201-01181-0000
Property Type Retail, Mixed Use (+1)
Sub Type Business and Building, Bar
Square Footage 2,000
Units 2
NOI $50,371
Occupancy 100%
Tenancy Multi
Lease Term 1
Remaining Term 0.5
Price per SqFt $75
Class C
Year Built 1985
Buildings 1
Stories 2
Acreage 0.080
Zoning Residential-Rec Business
Parking Spaces 6 spaces
Parking Per SqFt 3.00
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Ceiling Height 8-10 Feet
Sale Condition For sale by owner

Retail | 2,000 SqFt

Marketing description

The beacon of the Harbor Bar is guiding you to Ashland! With it's iconic historic facade this is your chance to own a commercial property and upper level apartment just a block away from Lake Superior. Incredible exposure on HWY 2 with off street parking the main level houses the bar, walk-in cooler, two restrooms, and back storage area. A nice two bedroom upper level apartment has a deck off the living space with Lake Superior views and a bright, enclosed sunporch off the back. Live on site or rent out the apartment for extra income. Continue the business or bring your ideas to this great property and location!

Investment highlights

  • Bar Area, Restrooms, Storage
  • Attached Garage, Uncovered/Open, Unassigned, Off Street Parking
  • Road Frontage: Curb/Gutters, Sidewalk, Highway, State
  • Iconic historic facade
  • One block from Lake Superior
  • Incredible exposure on HWY 2
  • Off street parking
  • Main level: bar, walk-in cooler, two restrooms, back storage area
  • Upper level: two bedroom apartment with deck and Lake Superior views
  • Bright enclosed sunporch off the back

Listing Contacts

AJ
WI 938501-94
Anthony Jennings & Crew Real Estate
Listed by Anthony Jennings & Crew Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$50,371.00
$4,197.58/mo

Valuation Metrics

0
DSCR
33.6%
Cap Rate
33.6%
ROI

Map

Zoning

Intelligence Badge
MRC MixedMixed UseMixed Residential Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 91 uses
View all 91 uses
Last updated Jan 5, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591