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Mixed Use Property

Contact:
jenni@visionsfirstrealty.com

Mixed Use
MLS# 6122830
For Sale: $341900
Status: ACTIVE

324 W Bayfield St
Washburn, WI 54891
(map)
Waterfront: No
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.
Additional Photos
Features
Map
Cumulative DOM:143
Price Per SQFT:82.27
School District:Washburn (WI) #6027
Year Built:1920
Approx Lot Dimension:75.02X140
Leased Land:Owned
Parcel Number:33122
Tax Year:2024
Assessments:Unknown
Foreclosure:No
Unit # 2:Apartment 1
Unit # 3:Apartment 2
Unit Sq Ft 1:2130
Unit Sq Ft 2:625
Unit Sq Ft 3:835

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