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308 W Bayfield St 1,116 SF 100% Leased Retail Building Washburn, WI 54891 $269,000 ($241.04/SF)

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INVESTMENT HIGHLIGHTS

  • Turnkey restaurant opportunity
  • Potential for additional rental opportunity on the second floor.

EXECUTIVE SUMMARY

*Turnkey Opportunity: Well-Established Irish Pub in a Thriving Community* Here's your chance to own *The Snug*, a beloved and well-established Irish pub located on the main road in the heart of downtown Washburn—a fast-growing and vibrant community. This local gem is a favorite among both residents and tourists, known for its warm atmosphere, live music, extensive selection of beer and spirits, and mouthwatering food. The building has seen numerous updates over the years. In 2012, the space was fully renovated to suit its current use, including the addition of a open commercial-grade kitchen. In 2018, a covered back deck was added, offering expanded outdoor seating, service bar, and a dedicated space for live performances. Potential to create additional living space with a income producing apartment above or owner occupied. Whether you're looking to bring your own vision to life or build upon a thriving business with a loyal following, *The Snug* offers an excellent location and a solid foundation for continued success.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,116 SF
Building Class
C
Year Built
1990
Price
$269,000
Price Per SF
$241.04
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
0.08 AC

NEARBY MAJOR RETAILERS

CrossFit
RBC Royal Bank
Old National Bancorp

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-291-2-48-04-05-2-00-312-21000
Land Assessment
$7,500
Improvements Assessment
$159,600
Total Assessment
$167,100
  • Listing ID: 35759034

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 308 W Bayfield St, Washburn, WI 54891

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