118 3rd St E - Office FOR SALE


Ashland, WI 54806
$1,198,949 USD
715-292-6068
118 3rd St E, Ashland, WI for Sale
$1,198,949 USD
Office - FOR SALE
1/49
null | 12.59% Cap Rate

118 3rd St E
Ashland, WI 54806


HIGHLIGHTS

  • 6,000 plus daily vehicle counts
  • Class A Office Building
  • Turnkey - 3 blocks from Lake Superior
  • Rebuilt in 2000 with a total refurbish in 2019

OVERVIEW

Class A Office Space on highly traveled State Highway 13 in thriving Ashland, WI three blocks from the marina and the shores of Lake Superior. Over 6,000 average daily vehicle count. Key Card Access. 82 On-Site parking Spaces. Completely Rebuilt in 2000, With a total refurbish in 2019. Full list of amenities available including over 6,000 square feet of flex/open space, 12 private offices, Two conference rooms, two server rooms, two + mechanical rooms, a Mother's Room, a Lounge, and two Phone rooms. The entire property is fully handicapped accessible with a lift between the lower and raised section, fire suppression, fiber optic internet, completely upgraded electrical systems and a newly installed standby backup generator by Generac. Tenant lease runs through 2025

FOR SALE DETAILS

PRICE

$1,198,949 USD

PRICE/SF

$81 USD /SF

CAP RATE

12.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

118 3rd St E

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

Office

APN/PARCEL ID

201-01685-2000

ASK ABOUT THIS PROPERTY

Kevin PorterPorter RealtyMore Info
715-292-6068

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Kevin PorterPorter RealtyMore Info
715-292-6068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.