Washburn, WI
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    Washburn, WI Mixed-use Properties for Sale

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    Ashland, WI Bayfield, WI Mason, WI
    Turnkey Mixed-Use Investment Opportunity
    $329,000
    4,156 SF
    Turnkey Mixed-Use Investment Opportunity

    324 W Bayfield St, Washburn, WI 54891

    Fully occupied mixed-use property in downtown Washburn with lake views.
    • Fully occupied, cash‑flowing mixed‑use property in downtown Washburn.
    • Exceptional value at $82/sq ft in a growing lakeside community near Chequamegon Bay.
    • Live‑work zoning allows owner‑occupancy of the commercial space with rental income from two apartments.
    • Rear apartment with Lake Superior views ensures tenant retention.
    • Low‑maintenance building with newer boiler, durable metal roof, and fiber optic internet.
    Updated: May 18
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    Washburn Mixed-Use Investment Property
    $329,000
    4,079 SF
    Washburn Mixed-Use Investment Property

    324 W Bayfield St, Washburn, WI 54891

    Fully occupied mixed-use property with commercial storefront and apartments.
    • Fully occupied mixed‑use property in prime downtown location.
    • 2,130 sq ft commercial storefront plus two leased upper apartments.
    • Live‑work zoning allows for owner occupancy.
    • Strong tenant history and turnkey condition.
    • Back apartment unit features Lake Superior views.
    Updated: May 21
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Washburn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Highway 2 Mixed-Use Property
    $399,900
    3,795 SF
    Highway 2 Mixed-Use Property

    Prime location with lake views in downtown Ashland, Wisconsin.

    421 Lake Shore Dr W, Ashland, WI 54806

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    Main Street Mixed-Use Opportunity
    $149,900
    1,408 SF
    Main Street Mixed-Use Opportunity

    Unique mixed-use building in Ashland, close to Lake Superior.

    220 Main St E, Ashland, WI 54806

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    Mixed-Use Property in Downtown Ironwood
    $97,900
    2,100 SF
    Mixed-Use Property in Downtown Ironwood

    Versatile commercial property with storefront and apartments in revitalized district.

    122 W Aurora Street, Ironwood, MI 49938

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    Commercial Building with Apartment
    $44,900
    2,756 SF
    Commercial Building with Apartment

    2,756 sq ft commercial building with upstairs apartment.

    100 Bonnie Street, Ironwood, MI 49938

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Lake Superior
    Contact for pricing
    Land Near Lake Superior

    Land with lake views and utilities in Ashland, Wisconsin.

    1306 Lake Shore Dr W, Ashland, WI 54806

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    Bayfield Land with Lake Views
    $949,900
    29.79 Acres
    Bayfield Land with Lake Views

    29.79+/- acres with Lake Superior views and development potential.

    35480 Whitetail Ave, Bayfield, WI 54814

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    Versatile Land with Commercial Potential
    $350,000
    15.00 Acres
    Versatile Land with Commercial Potential

    15 acres with commercial and recreational opportunities near Hayward, Wisconsin.

    11317 West Bethel Road, Hayward, WI 54843

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    Recreational Land Near Simm's Lake
    Contact for pricing
    0.25 Acres
    Recreational Land Near Simm's Lake

    Land parcel in recreational area near lakes and ATV trails.

    119-xx East County Road Y, Gordon, WI 54838

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    Washburn, WI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Washburn, WI on our real estate platform. These investment opportunities span a total of 8,235 square feet of properties for sale, with an estimated market value of $658,000.

    Sale prices for multi use buildings in Washburn, WI start at $329,000, averaging $329,000, and reaching up to $329,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Live-work space 1

    Demographics Overview

    Population 3,327
    Population Growth (5Y) +0.3%
    Median Household Income $70,298
    College Educated 57.2%

    High-Yield Neighborhoods for Investment

    Identify Washburn submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    54891 $329K

    Taxes & Financing

    Tax Rate (average for all types) 1.54%
    Average Loan-to-Value 65.0%

    Listings Trend

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