Restaurants

Washburn, WI Restaurants for Sale

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Bayfield, WI Ashland, WI La Pointe, WI Mason, WI Cornucopia, WI Sanborn, WI Herbster, WI Marengo, WI
Historic Bar with Game Room
Updated: Mar 13
Historic Bar with Game Room

10 W Bayfield St, Washburn, WI 54891

$250,000
Bar room measures 22.5' x 40' with tall ceilings
Bar top accommodates at least 14 stools and six beers on tap
Separate 22.5' x 24.5' game room
Walk‑in coolers on the main level and in the basement
Patio beside a fenced yard with dog‑friendly outdoor space
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Updated Tavern with Outdoor Deck
Updated: Apr 25, 2025
Updated Tavern with Outdoor Deck

308 W Bayfield St, Washburn, WI 54891

$229,900
Well‑established tavern/pub building built in 1920
Fully renovated in 2012 for current use, including an open commercial‑grade kitchen
Covered back deck added in 2018 with expanded outdoor seating and a service bar
Dedicated space for live performances
Potential to add living space with an income‑producing apartment above or owner‑occupied use
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Washburn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Resort Lodge with Restaurant
Resort Lodge with Restaurant

12770 Scenic Drive, Iron River, WI 54847

$1,295,000
5,040 sqft 14.00 AC lot

Includes an attached three-bedroom residence with an open-concept kitchen and great room.

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Mixed-Use Bar Property
Mixed-Use Bar Property

1222 Lake Shore Dr E, Ashland, WI 54806

$149,900
2,600 sqft

Two-level commercial property combining a bar operation with an upper-floor apartment and off-street parking.

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Two-Story Bar with Apartment
Two-Story Bar with Apartment

7610 US-2, Iron River, WI 54847

Contact for pricing
2,200 sqft

A remodeled two-bedroom apartment adds residential flexibility above an operating tavern with on-site parking.

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Restaurant with Commercial Kitchen
Restaurant with Commercial Kitchen

201 Main St E, Ashland, WI 54806

$249,900

Corner restaurant includes booths, bar, a commercial kitchen, and dedicated upper-level office plus basement storage.

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Washburn, WI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Washburn, WI on our real estate platform.

Sale prices for restaurant properties in Washburn, WI start at $229,900, averaging $239,950, and reaching up to $250,000 — 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

Bars & Pubs 2
Commercial kitchens 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 average listing prices of real estate assets

Neighborhood Average Price
54891 $226.3K

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

Total CRE Inventory on Market (SF)

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