324 W Bayfield St, Washburn, WI

$329,000

4,156

Square feet

0.24

Acres

About 324 W Bayfield St

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.

Features of 324 W Bayfield St

MLS® # 6122830
Price $329,000
Square Footage 4,156
Acres 0.24
Year Built 1920
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 324 W Bayfield St
City Washburn
County Bayfield County
State WI
Zip Code 54891

Amenities

Parking Gravel, Off Street
Is Waterfront No
Has Pool No

Interior

Heating Boiler, Radiant, Natural Gas
Cooling Central Air
Fireplace No
Has Basement No
Basement Full, Walk Out

Exterior

Roof Metal
Construction Brick, Vinyl

School Information

District Washburn (WI) #6027

Additional Information

Date Listed October 21st, 2025
Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $4,801
Tax Year 2024
Office Visions First Realty, LLC

Listing Details

OfficeVisions First Realty, LLC

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