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Property profile

326 Washington Ave Washburn, WI 54891

OFF-MARKET
Commercial real estate
Property ID
US92-2667180
0.09 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional commercial property, located at 326 N Washington Ave in Washburn, WI, presents a rare investment opportunity. Listed below appraised value, this stunning building boasts a rich history, registered with the Wisconsin Historical Society (Reference Number: 154002). Constructed on October 9, 1900, the Romanesque Revival architecture is beautifully preserved, showcasing original details from the early 20th century. The main level encompasses 3,268 square feet of finished space, featuring impressive 20-foot ceilings and captivating stained-glass windows, creating a grand and open atmosphere. A full basement, mirroring the main level's square footage at 3,268 square feet, offers additional space with a kitchen area, an office, and a large open area, adaptable to a variety of uses. Situated on a 0.09-acre lot, this property offers endless potential. Imagine transforming this landmark into a community center, event venue, unique residential space, or preserving its legacy as a place of worship. The combination of historical significance and versatile space makes this a truly exceptional investment opportunity in the heart of Washburn. Don't miss this chance to own a piece of Washburn's heritage.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Lot 0.09 ac (3,920 SF)
UPID US92-2667180

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Association Or Organization

Location

326 Washington Ave Washburn, WI 54891
Washburn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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