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About This Home
This 3-bedroom, 5-bathroom commercial at 324 W Bayfield St in Washburn, WI is listed for $329,000 ($79 per sqft). Built in 1920, the home offers 4,156 sqft of living space on a 0.24 acres lot.
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.
Key Features
- Built in 1920
- 0.24 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,760/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
324 W Bayfield St
Washburn, WI 54891
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 5-bathroom commercial at 324 W Bayfield St is listed at $329,000 ($79/sqft). The estimated monthly payment is $1,426 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.24 acre lot, 2 stories. Interior Features: Kitchen Area, Restrooms, Storage.
This property is listed by Jenni Viken and can be reached at 2188302525 or jenni@visionsfirstrealty.com.
