431 Bayfield St Washburn, WI 54891-1137
This exceptional 0.32-acre commercial property at 431 W Bayfield St, Washburn, WI, is priced at $225,000 and presents a remarkable investment opportunity. Previously utilized as a gas station (tanks removed in 1989), the building has since served as a car repair shop and a retail space, showcasing its adaptability. The main level boasts a robust, ready-to-customize layout, ideal for a diverse range of commercial ventures. Its high visibility and convenient accessibility make it a truly prime location. Adding to its appeal is a well-maintained upstairs apartment, approximately 20 years old, offering comfortable living space. The current owner resides in the apartment and is open to continuing as a tenant, providing a potential income stream. The property also features solar panels connected to the building, offering significant energy savings. This versatile property is perfect for entrepreneurs seeking a solid foundation for their business, combined with the added benefit of rental income. The building's history demonstrates its resilience and adaptability, making it an attractive prospect for a variety of commercial uses. Don't miss this chance to acquire a well-located, versatile commercial property with significant upside potential.
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Pierce Street Seat Co. Motorcycle Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.