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    Washburn, WI Multifamily Properties for Sale

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    Ashland, WI Bayfield, WI Mason, WI
    Mixed-Use Retail and Apartments
    $329,000
    4,156 SF
    Mixed-Use Retail and Apartments

    324 W Bayfield St, Washburn, WI 54891

    Fully occupied mixed-use building with a ground-floor storefront and two upstairs apartments in downtown Washburn.
    • Fully occupied mixed‑use building with a 2,130 sq ft commercial storefront and two upper apartments (625 sq ft and 835 sq ft).
    • Live‑work zoning allows an owner‑operator to occupy the commercial space while rental apartments provide income.
    • Rear apartment includes Lake Superior views, helping support tenant renewals.
    • Newer boiler, metal roof, and full walk‑out basement.
    • Fiber optic internet plus off‑street parking.
    Updated: May 18
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    Downtown Mixed-Use Building
    $329,000
    4,079 SF
    Downtown Mixed-Use Building

    324 W Bayfield St, Washburn, WI 54891

    Fully occupied mixed-use property with a storefront and two leased upper apartments under live-work zoning.
    • Downtown Washburn mixed‑use building with 2,130 SF commercial storefront plus two leased upper apartments
    • Fully occupied with a strong tenant history and live‑work zoning that permits owner occupancy
    • Newer boiler and full basement
    • Metal roof and gutter/downspout exterior features
    • Off‑street parking on‑site
    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.

    Mixed-Use Apartment Building
    $2,775,000
    35,078 SF
    Mixed-Use Apartment Building

    37-unit mixed-use building with street-level storefronts and apartments above, plus coin-operated laundry on each floor.

    210 Main St W, Ashland, WI 54806

    View details
    Duplex with Separate Entrances
    $159,900
    2,008 SF
    Duplex with Separate Entrances

    Two units each with 2 bedrooms, 1 bath, full basements, and garage options on a 0.24-acre lot.

    919 Nightingale Street, Ironwood, MI 49938

    View details
    Updated Duplex with Garage Space
    $159,900
    1,004 SF
    Updated Duplex with Garage Space

    Well-maintained duplex in Ironwood with updated interiors and garages.

    919 Nightingale St, Ironwood, MI 49938

    View details
    Mixed-Use Apartment and Retail Building
    $2,775,000
    35,078 SF
    Mixed-Use Apartment and Retail Building

    37-unit building with five main-level storefronts and coin laundry on every floor.

    210 MAIN ST W, Ashland, WI 54806

    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.

    Commercial Land Near Freeway
    $799,000
    9.20 Acres
    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037

    View details
    Residential Land in Lakes Country
    $109,900
    10.00 Acres
    Residential Land in Lakes Country

    10 acres near lakes with well, septic, and electric.

    Laporte, MN 56461

    View details
    Menominee City Building Lot
    Contact for pricing
    0.21 Acres
    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858

    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres
    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308

    View details

    Washburn, WI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily 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 multifamily properties 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

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    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 average 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

    New vs delisted commercial listings in Bayfield County

    New Delisted

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