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    324 W Bayfield St Washburn, WI 54891

    For Sale
    $359,900

    Mixed Use - Washburn, WI

    Type:Mixed Use
    Property size:
    4,156 SF
    Lot size:
    0.24 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 324 W Bayfield St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    5
    Parking features
    Driveway
    Interior features
    Kitchen Area, Restrooms, Storage
    Basement Y/N
    1
    Size
    4,156 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Natural Gas, Radiant
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    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 13, 2025

    MLS# 6122830 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

    Downtown Washburn Mixed-Use Investment

    This mixed-use property features a main-level commercial storefront in downtown Washburn. The main floor offers layout possibilities for retail, office, or service businesses. Live-work zoning permits owner occupancy upon approval. The commercial space includes a bathroom with a shower, a kitchen area, and laundry facilities. A full walk-out basement provides modern mechanicals, including a newer boiler, plus storage space. The property includes two fully occupied upper-level apartments generating rental income. The back unit has lake views and shared storage. The exterior features a brick facade, vinyl siding, and a metal roof. The property is located in Washburn, WI, in Bayfield County. The lot size is 0.24 acres. The property size is 4156 square feet.
    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?
    Mixed-use property - Commercial storefront with apartments in Washburn's thriving downtown.
    Where is this mixed-use property 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: - Prime commercial storefront in thriving downtown Washburn.; - Two fully occupied upper-level apartments provide immediate rental income.; - Flexible main-level commercial space suitable for retail, office, or service businesses.
    (715) 209-5944
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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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