Mixed-Use Live-Work Building with
For Sale
$329,000
324 W Bayfield St, Washburn, WI 54891
COMMERCIAL - Washburn, WI
Property Size4,156 SF
Lot Size0.24 Acres
Price / SF$79.16
Days on Market96
Property Features for 324 W Bayfield St
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement
Interior features
Kitchen Area, Restrooms, Storage
Basement
Concrete
Elementary school district
Washburn (WI) #6027
Middle school district
Washburn (WI) #6027
High school district
Washburn (WI) #6027
Directions
Downtown Washburn on Bayfield St, next to Patsy's bar.
Subdivision
LSAR
Standard status
Active
Size
4,156 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4801
Utilities
Heating system
Oil, Natural Gas, Radiant
Cooling system
Central Air
Amenities
newer boiler
durable metal roof
full walk-out basement
fiber optic internet
off-street parking
Building Details
Year built
1920
Number of units
4
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Visions First Realty, LLC
(715) 209-5944
Listed By:
Jenni Viken
(715) 209-5944
Added: May 18
Changed: Aug 5
Last Checked: Aug 21 at 10:06PM
MLS# 6122830
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.
Mixed-use live-work building at 324 W Bayfield St, Washburn, on a 0.24-acre lot totaling 4,156 SF. The main floor is a commercial storefront with 2,130 SF. Two upper-level apartments total 1,460 SF, with one unit at 625 SF and the other at 835 SF. The building includes a full walk-out basement and interior features such as kitchen area, restrooms, and storage. Heating includes radiant, natural gas, and oil, with central air cooling.
The property is described as fully occupied. Live-work zoning supports an owner-operator arrangement to occupy the commercial space while the residential units provide rental income. Building improvements and infrastructure noted include a newer boiler, metal roof, fiber optic internet, and off-street parking. The location is in downtown Washburn near the Chequamegon Bay waterfront.
Built in 1920, the property is presented as turnkey for income and owner-occupant flexibility.
The property is described as fully occupied. Live-work zoning supports an owner-operator arrangement to occupy the commercial space while the residential units provide rental income. Building improvements and infrastructure noted include a newer boiler, metal roof, fiber optic internet, and off-street parking. The location is in downtown Washburn near the Chequamegon Bay waterfront.
Built in 1920, the property is presented as turnkey for income and owner-occupant flexibility.
Key Highlights
- 0.24‑acre lot with 4,156 SF mixed‑use live‑work building
- Fully occupied setup with main‑floor commercial storefront plus two apartments
- Main floor features a 2,130 SF commercial storefront
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Fully occupied live-work building with a 2,130 SF commercial storefront and two upper apartments.
Where is this live-work space 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: 0.24‑acre lot with 4,156 SF mixed‑use live‑work building; Fully occupied setup with main‑floor commercial storefront plus two apartments; Main floor features a 2,130 SF commercial storefront
