Turnkey mixed-use investment in the heart of downtown Washburn

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Commercial For Sale

324 W Bayfield St

Washburn, Wisconsin 54891

Bayfield County

Community: 

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$341,900 3 br, 5.0 bath 4156 sq. ft. 0.240 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 5.0
  • Sq Ft: 4156
  • Year Built: 1920
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Natural Gas, Radiant
  • Garage: Driveway
Exterior:
  • Lot Size: 0.240 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: Metal
  • Property Taxes: $4,801
  • MLS #: 6122830
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Contact Information:
Beach Commercial For Sale in Washburn, Wisconsin
Listing Agent: Jenni Viken, Visions First Realty. LLC, 218-830-2525, 715-209-5944 Listing Site, Listing Status: Active
Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6807077
Viewed 124 times.
Updated: Jan 05, 2026

This property is a Commercial located at 324 W Bayfield St, Washburn, Wisconsin 54891, and is currently For Sale at $341,900. This Commercial has 3 bedrooms, 5.0 baths, 4156 sq ft.