324 W Bayfield St, Washburn, WI 54891
324 W Bayfield St, Washburn, WI 54891
324 W Bayfield St, Washburn, WI 54891
324 W Bayfield St, Washburn, WI 54891
324 W Bayfield St, Washburn, WI 54891
324 W Bayfield St, Washburn, WI 54891
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Listed by Jenni Viken Visions First Realty, LLC
$ 329,000
Est. payment | /mo

4,156 SqFt


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$ 329,000
Est. payment | /mo
Save

4,156 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,156 sqft

Price per Sqft $79

MLS Listing ID LSA6122830

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,801

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75.02X140

Property Sub-Type Mixed Use

Source lsar

Property Description

Turnkey mixed-use investment in the heart of downtown Washburn — fully occupied and cash-flowing from day one. The main floor features a spacious 2,130 sq ft commercial storefront, while two upper-level apartments (625 & 835 sq ft) provide steady residential rental income. The rear apartment offers coveted Lake Superior views, a premium that keeps tenants renewing. Live-work zoning opens the door for an owner-operator to occupy the commercial space while the apartments offset carrying costs. Building highlights include a newer boiler, durable metal roof, full walk-out basement, fiber optic internet, and off-street parking — low-maintenance, high-appeal. At $82/sq ft for a fully occupied income property steps from the Chequamegon Bay waterfront, this is exceptional value in a growing lakeside community. Financial details and rent roll available upon request. 24-hour notice required.

Location

State WI

County Bayfield County

Area Lsar

Direction Downtown Washburn on Bayfield St, next to Patsy's bar.

Rooms

Basement Full, Walk Out

Interior

Heating Boiler, Radiant, Natural Gas

Cooling Central Air

Inclusions Building, Land, Leases

Exterior

Parking Features Gravel, Off Street

View Y/N No

Roof Type Metal

Garage No

Building

Foundation Poured Concrete, Rock

Sewer Public Sewer

Water City

Structure Type Brick,Vinyl

Schools

High Schools Washburn (Wi) #6027

School District Washburn (Wi) #6027

Others

Acceptable Financing Cash, Conventional, Small Business Admin.

Listing Terms Cash, Conventional, Small Business Admin.

Nearby Locations

GET MORE INFORMATION

Anthony Jennings
Anthony Jennings

Broker-Owner | Lic# 44683-90

+1(715) 209-6841

315 Turner Rd., Ashland, WI, 54806

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324 W Bayfield St