Address
315 Main St E Ashland, WI
Price
$ 259,000
Property Attributes
  • MLS#6093438
  • TypeCommercial
  • CountyASHLAND
  • CityAshland
  • AreaAshland
  • Zip54806
  • StyleCommercial
  • Year Built1946
  • Taxes1220
  • Price$ 259,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
By the Bay Realty
Property Description

An Ashland Gem now available. This storied property has a long and proud Ashland history. Originally "Cabbies" Bar, the Stagecoach has provided live-entertainment, food and drink to generations of Ashlanders. Located in the heart of the city, with a main street location, this business has been lovingly updated and refreshed, and is currently very profitable and in excellent condition inside and out. Soon to be the site of Ashland's newest mural by Sue Martinsen, this property offers everything a business owner needs to make a great living in a great community. The business and the building are in excellent condition. Highlights include a custom mahogany bar designed and installed by Mark Margetta, and a matching mahogany server station. Recent updates include a roof replacement last year, all electrical replaced six years ago. 45 floor joists were replaced to ensure long term strength and a solid foundation. The dry, solid, poured concrete foundation offers a 1300 sf basement for ample storage. A commercial kitchen contains a 36" South Bend grill top with 2 burners and 2 ovens, a 2 basket fryer, a True Brand commercial double door stainless refrigerator, True brand 4 bay stainless steel sink, a stainless cold-well with 2 doors of refrigeration beneath, a full-sized, professional ventilation system, three new freezers in 2018, complete plumbing replacement 6 years ago, a walk-in cooler with a new compressor 2 years ago and a Glycol system to keep every beverage cold from the first pour to the last. A new Air conditioning compressor and new furnace were installed 6 years ago, all coolers were new in 2014, the 400 pound ice-o-matic ice machine is also new in 2018. The floors were given a new, durable, epoxy coating this year. The establishment has multiple streams of income. 70% of food and drink sales are currently from food. Additional on-site income streams include 5 video poker machines, an ATM, a iTunes Jukebox, a dart board, a pinball machine, and 2 pool tables. There are also 5 flat screen TV's for sporting events, and excellent Bose speakers. The security system includes internet streaming, and is owned by the business. The 2 station Point of Sale system is also owned. Parking has never been a problem, even with regular events of over 200 people. Several overflow lots are within a dozen steps from the site, and additional parking exists at the Catholic Church. Financial data will be shared with qualified, serious purchasers.

Price History
10/2/2020 Listed $259,000

General Features

Cooling Central
Heating Forced Air
Roof Flat
School District Ashland (WI) #170

Exterior Features

Latitude 46.593113
Longitude -90.8802
Exterior Vinyl

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 54806

Price
AVG $290K
$260K
Taxes
AVG $7,714
$1,220
Visits
AVG 6
4
Year Built
AVG 1935
1946
Walkscore
AVG 57
78
Data Provided by Walkscore ® not using MLS data

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