AmericInn by Wyndham Ashland 3009 Lakeshore Dr E 94 Room Hotel Ashland, WI 54806 For Sale

Located directly off Chequamegon Bay, part of Lake Superior, the Hotel is just a short drive from historic downtown Ashland
On behalf of ownership, CBRE is pleased to be the exclusive agent for the sale of the fee-simple interest in the 94-room AmericInn by Wyndham in Ashland, Wisconsin (“AmericInn”, “Hotel”, or “Property”). The Hotel is strategically located off US Route 2, also known as US Highway 2 (with an AADT of 14,500), which serves as one of the primary regional highways in northern Wisconsin, connecting Ashland to Iron River, Brule, and Superior/Duluth westbound, as well as Hurley/Ironwood eastbound, before continuing across Michigan’s Upper Peninsula to Iron River and Iron Mountain.
The Hotel benefits from year-round demand generators such as healthcare, manufacturing, retail, government, education, among others. It also capitalizes on demand from seasonal outdoor recreation. Located directly off Chequamegon Bay, part of Lake Superior, the Hotel is just a short drive from historic downtown Ashland, which includes more than 30 unique retail establishments, local shops, and restaurants where travelers can enjoy shopping for antiques, crafts, souvenirs, and local dining options.
Ashland, also commonly referred to as “the gateway to the Apostle Islands”, serves as a key tourism hub for the Lake Superior region, providing convenient access to the Apostle Islands National Lakeshore, one of Wisconsin’s premier outdoor destinations. Known for its scenic sea caves, historic lighthouses, hiking trails, and water-based recreation, the Apostle Islands attract visitors from across the Midwest and beyond. Ashland further enhances its tourism appeal as the “Historic Mural Capital of Wisconsin,” featuring more than 20 murals throughout its walkable eight-block historic downtown district. Together, these attractions support year-round visitation and contribute significantly to the local hospitality and tourism economy.