324 W Bayfield St, Washburn, WI, 54891
About This Home
Downtown Washburn mixed-use investment property – fully occupied! Features 2,130 sq ft commercial storefront plus two leased upper apartments (back unit has Lake Superior views). Live-work zoning permits owner occupancy. Newer boiler, metal roof, full basement, off-street parking. Prime Bayfield Street location steps from waterfront. Strong tenant history, turnkey condition. Ideal for investors or owner-operators seeking main street presence with reliable income streams.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Previously Owned
- Year built: 1920
Materials
- Foundation: Concrete Perimeter,Stone
- Roof: Metal
- Construction materials: Vinyl,Frame/Wood
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full,Walkout
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 4
Features
- Finished area below ground: 0
- Finished area above ground: 4,079
Heating
- Heating features: Boiler,Natural Gas
Interior Area
- Total interior livable area: 4,079 sqft
Property
Accessibility
- Accessibility features: Accessible Doors
Details
- Parcel number: 33122
- Zoning description: Business/Commercial
- Foundation area: 2070
Features
- Exterior features: Rain Gutters
Lot
- Lot size: 10,454 sqft
- Features: High
- Lot size dimensions: .24
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Winter Weather
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,663 | $19,956 |
| Home Insurance * | $171 | $2,052 |
| Property Taxes | $252 | $3,024 |
| Electricity | $383 | $4,599 |
| Total | $2,469 | $29,628 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-05 | Price change | $341,900 |
| 2025-11-28 | Listed for sale | $359,900 |
View on Zillow