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    324 W Bayfield St Washburn, WI 54891

    For Sale
    $359,900

    Triplex, Up & Down - Washburn, WI

    Type:Triplex
    Property size:
    4,079 SF
    Lot size:
    0.24 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 324 W Bayfield St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    7
    APN
    33122
    Interior features
    Ceiling Fans, Eat-in Kitchen, Ceiling Fans
    EntryLevel
    Main,Upper
    Exterior features
    Gutter/Downspout
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    4,079 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    3
    Roof type
    Metal
    Architectural style
    Other

    Visions First Realty. LLC (715) 209-5944 [email protected]

    Listing agent Jenni Viken (715) 209-5944

    Listing date Nov 28, 2025

    MLS# 6123049 Listing URL

    Copyright © 2025 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.

    Overview

    Washburn Triplex with Storefront

    This income-producing triplex is located in the heart of Washburn's thriving business district. The property features a main-level commercial storefront with live-work zoning potential, along with two fully leased upper apartments that generate rental income. One of the apartments offers views of Lake Superior. The building has an attractive brick facade, a metal roof, and a newer boiler. A full walk-out basement provides storage space. The property is suitable for investors seeking turnkey cash flow or entrepreneurs wanting a downtown presence with owner-occupancy flexibility. The location is steps from the waterfront and downtown amenities. The property size is 4079 square feet and the lot size is 0.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wood Bin Art Gallery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washburn
    County
    Bayfield
    State
    Wisconsin
    Longitude
    -90.898109
    Latitude
    46.670252

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    FAQs

    What type of property is this?
    Triplex - Income-producing triplex with storefront in Washburn's thriving business district.
    Where is this triplex located?
    The property is located at 324 W Bayfield St Washburn, WI.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: - Fully occupied triplex generating reliable rental income with main street store frontage.; - Prime downtown Washburn location, steps from the waterfront and downtown amenities.; - Versatile property with main-level commercial storefront and live-work zoning potential.
    (715) 209-5944
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    324 W Bayfield St Washburn, WI 54891
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 W Bayfield St Washburn, WI 54891
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