324 W Bayfield StWashburn, WI 54891




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$1,560Turnkey mixed-use investment in the heart of downtown Washburn — fully occupied and cash-flowing from day one. The main floor features a spacious 2,130 sq ft commercial storefront, while two upper-level apartments (625 & 835 sq ft) provide steady residential rental income. The rear apartment offers coveted Lake Superior views, a premium that keeps tenants renewing. Live-work zoning opens the door for an owner-operator to occupy the commercial space while the apartments offset carrying costs. Building highlights include a newer boiler, durable metal roof, full walk-out basement, fiber optic internet, and off-street parking — low-maintenance, high-appeal. At $82/sq ft for a fully occupied income property steps from the Chequamegon Bay waterfront, this is exceptional value in a growing lakeside community. Financial details and rent roll available upon request. 24-hour notice required.
| 2 months ago | Listing updated with changes from the MLS® | |
| 4 months ago | Price changed to $341,900 | |
| 6 months ago | Listing first seen on site |
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Last checked: 2026-05-08 05:14 PM UTC