Triplex with Live-Work
For Sale
$329,000
324 W Bayfield St, Washburn, WI 54891
MULTI_FAMILY - Washburn, WI
Property Size4,079 SF
Lot Size0.24 Acres
Price / SF$80.66
Days on Market95
Property Features for 324 W Bayfield St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
9
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 6, Bedroom 4, Bathroom 3, Basement, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 8, Bedroom 9, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 2
Exterior features
Gutter/Downspout
Basement
Block
Lot features
High
Elementary school district
Washburn (WI) #6027
Middle school district
Washburn (WI) #6027
High school district
Washburn (WI) #6027
Directions
Downtown Washburn next to Patsy's bar and grill.
Subdivision
LSAR
Standard status
Active
APN
33122
Size
4,079 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4801
Utilities
Heating system
Oil, Natural Gas
Amenities
full basement
off-street parking
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Roof type
Metal
Listing Agency:
Visions First Realty, LLC
(715) 209-5944
Listed By:
Jenni Viken
(715) 209-5944
Added: May 21
Changed: Aug 5
Last Checked: Aug 23 at 9:06PM
MLS# 6123049
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.
Investment Insights
Based on property information with market context.
Fully occupied downtown Washburn mixed-use triplex offering 2,130 sq ft of commercial storefront space plus two leased upper apartments. The back upper unit offers Lake Superior views. Live-work zoning permits owner occupancy, making the property well suited for an owner-operator or investor seeking main-street presence with commercial and residential tenants.
The property is located in downtown Washburn on W Bayfield St, steps from the waterfront. Built in 1920, it features a metal roof, a full basement, and off-street parking. Heating is provided by natural gas and oil, and the exterior includes gutter/downspout.
With a 0.24-acre lot and 4,079 SF total property size, this mixed-use building presents an established live-work layout that pairs storefront frontage with upper residential units.
The property is located in downtown Washburn on W Bayfield St, steps from the waterfront. Built in 1920, it features a metal roof, a full basement, and off-street parking. Heating is provided by natural gas and oil, and the exterior includes gutter/downspout.
With a 0.24-acre lot and 4,079 SF total property size, this mixed-use building presents an established live-work layout that pairs storefront frontage with upper residential units.
Key Highlights
- 2,130 sq ft commercial storefront plus two leased upper apartments
- Live‑work zoning permits owner occupancy
- Back upper unit has Lake Superior views
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Explore this area
Business Placement
Demographics for 54891, WI
3,351
Population
1,736
Households
1.9
Avg Household Size
51
Median Age
42%
College-Educated
97%
High-School Grad
68.5 sq mi
ZIP Area
49
Density / Sq Mi
$70,298
Median Household Income
$34,412
Median Earnings
$788
Median Rent
$200,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied triplex with a commercial storefront and two leased upper apartments, with live-work zoning for owner occupancy.
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 $329,000.
What are key features of this property?
This property features: 2,130 sq ft commercial storefront plus two leased upper apartments; Live‑work zoning permits owner occupancy; Back upper unit has Lake Superior views
