MLS Public Remarks Turnkey 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.
Location City
Other Marketing Area
Mailing City Washburn
C/T/V City
Unit #
Directions Downtown Washburn On Bayfield St, Next To Patsy'S Bar.
Real estate for sale
Business for sale
For lease only
Ann. Rent/SqFt $0
Total Units/Bldg 4
Building Gross SqFt 0
Net Leasable SqFt 0
Year Built 1920
Source for Year Built ACTIVE
Approx Bldg Dimen
Street Frontage 0
Parking Fees/Mo. $0
Onsite Parking
# of Stories 0
Ceiling Height Min 0
Ceiling Height Max 0
Number of Loading Docks 0
Zoning
Est. Total Acres 0.0
Source Of Est Acres
Lot Dimensions
Owner
Tradename
Land Assessment $0
Assessment Year 0
Net Taxes $4,801
Tax Year 2024
Improvements $0
Total Assessment $0
Income/Expenses Year
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 2 |
- |
Washburn |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded
Heating/Cooling
Water/Waste
Basement
Fuel
Seating Capacity
Type
Exterior Treatment
Building Parking
Roofing
Terms/Option
Miscellaneous
Documents on File Seller Condition Report, Survey
Location
Tenant Pays
Present Use
Licenses
Lease Type
Occupied by
Sale Includes
Features
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Visions First Realty, Llc