20 N 1st St, Bayfield, WI 54814

$450,000 Asking Price

2 beds
2 baths
2,292  sqft

Once in a lifetime opportunity to own a property with not two, but three types of use! This multi-faceted property includes a long term residential space, commercially used space, and a cottage for nightly rentals. Just a short distance from the ferry, one block off of main street, and overall a prime location for access to all of the Bayfield fun! The main building which currently houses Crystalline Healing as a long term rental, has owner's quarters in the back, and commercial space in the front. The guest cottage is a successful and extremely charming, low maintenance nightly rental. A wrap-around porch with historic architectural details runs around the exterior of the main building, with a paved driveway for tenant parking on one side. The guest cottage has separate parking and a private patio. There is so much a person can do with this property on three city lots in the heart of downtown Bayfield, come see it for yourself!


Features & Amenities

Exterior

Style:
Other
Parking:
Off Street

Construction

General:
1 Story

Location

Originating MLS:
WIREX_SAAR
School District:
Bayfield
County:
BAYFIELD

Lot

Zoning:
31897

Financial

Source:
WIREX_SAAR
NA Compensation:
2

This listing courtesy of:
Broad Street Brokers, LLC, Esme Martinson

About Bayfield, WI

Housing

Number of Units
1,242
Median Home Value
$171,682
Median Rent
$443

23.31% of housing units are renter occupied.

38.57% are vacant.

Commute

Car
68.05%
Public Transportation
4.19%
Walk to Work
4.36%
Work from Home
22.75%
Other
0.49%

The median travel time to work is 12 minutes.

People

Population
1,679
Median Age
49.20
Median Household Size
2.75

Education

High School
27.55%
Associate’s Degree
10.29%
Bachelor’s Degree
18.76%
Graduate Degree
11.66%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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