Economic Development

City Real Property for Sale

This section contains real properties for sale that are owned by the City of Washburn. Each year the City will review all of its properties to determine which lands are available for sale. For each property listed for sale, an appraisal must be conducted. Those appraisals are listed below as well as any certified surveys that have been conducted on the listed properties.

It is important to note the zoning for each particular property. That is the best indication as to what type of development the property is best suited for.

The City Administrator is authorized to negotiate the sale of any parcel included on the for sale list, subject to any conditions attached to the parcel’s listing, and subject to the review by the Plan Commission and final approval by the Common Council.

To place an offer or to discuss any particular property, please contact the City Administrator by calling 715-373-6160 ext. 4, P.O. Box 638 Washburn, WI 54891, or by e-mail at washburnadmin@charter.net .

For a detailed map of city properties, download the Property Inventory (PDF format, 391 kb).

Appraisals:

Please note that these are detailed appraisals in PDF format. Each file is approximately seven to eight megabytes in size, and will require extended download times on slow connections.

Parcel 20 (approx. 2 acres, waterfront commercial)

Parcel 23 (1.78 acres, waterfront recreational)

Parcel 25 (1.17 acres, waterfront commercial)

Parcel 26 (3.46 acres, waterfront commercial)

Parcel 28 (single lot, waterfront residential)

Parcel 29 (single lot, waterfront residential)

Parcel 31 (0.689 acres, waterfront commercial)

Parcel 65 (single lot, residential)

Community Development Block Grants

The Wisconsin Community Development Block Grant (CDBG) Program, administered by the Wisconsin Department of Commerce, provides local government with funds to use for economic development, more specifically, for business start-ups and expansion. These funds, received from the U.S. Department of Housing and Urban Development, are used to provide grants to local units of government that use the funds to loan to a business. The business, in return for use of the public funds, provides private investment towards the assisted activity and most importantly creates job opportunities, principally for the benefit of low and moderate persons.

When a business repays the community the loan (principal and interest payments), these funds are used to capitalize a local revolving loan fund (RLF). With the RLF, the community can make additional loans to businesses wishing to expand or locate in the community. These loans typically are smaller loans ($5,000-$50,000). When successfully administered, the community's revolving loan fund can expand the amount in its RLF to an amount in excess of the original amount it was able to retain. This happens when the community exercises due diligence by performing a thorough credit analysis to determine business viability and adequately securing and servicing the loan. In administering a RLF, a Community becomes a "bank" and accepts all of the responsibilities of a commercial lender when it makes a CDBG or RLF loan to a business.

For more information, please download:

Revolving Loan Fund- Policies And Procedures Manual (PDF format, 188 kb)

To apply:

Revolving Loan Fund Application (PDF format, 96 kb)