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    901 Bayfield St Washburn, WI 54891

    For Sale
    $220,000

    Prime Washburn restaurant, fully renovated.

    Property size:
    1,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional turnkey restaurant opportunity is located at 901 W Bayfield St, Washburn, WI 54891. The property, encompassing 1,700 square feet within a single-story building, underwent a complete renovation in 2022. The space is currently vacant and ready for immediate occupancy. Included in the sale are updated commercial appliances, a significant asset for any restaurateur. A notable feature is a large, 22-foot deep by 6-foot wide outdoor cooler, perfect for efficient food storage. The property is zoned Cottage Commercial, ensuring flexibility for various culinary ventures. Situated in a high-traffic area of Washburn, this location offers excellent visibility and exposure to potential customers. The asking price for this owner-user investment is $220,000. This represents a unique chance to establish or expand a restaurant business in a thriving community. The property's recent renovation eliminates the need for costly upgrades, allowing for immediate focus on operations. Don't miss this chance to capitalize on the vibrant Washburn culinary scene. This is a single-unit property in Bayfield County, Wisconsin.

    Property Features for 901 Bayfield St

    General Information

    Property type
    Restaurants
    Square Feet
    1,700 SF

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Turnkey restaurant opportunity in Washburn, WI.
    • 1,700 SF single‑story building, completely renovated in 2022.
    • Includes updated commercial appliances and a large outdoor cooler.
    • Located in a high‑traffic area with excellent visibility.
    • Asking price: $220,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Washburn
    County
    Bayfield
    State
    Wisconsin
    Longitude
    -90.908407822779
    Latitude
    46.670598108019

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    FAQs

    What type of property is this?
    Restaurant - Prime Washburn restaurant, fully renovated.
    Where is this restaurant located?
    The property is located at 901 Bayfield St Washburn, WI.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity in Washburn, WI.; 1,700 SF single-story building, completely renovated in 2022.; Includes updated commercial appliances and a large outdoor cooler.
    Request Owner's contact information
    901 Bayfield St Washburn, WI 54891
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    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
    901 Bayfield St Washburn, WI 54891
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