#6120943, Mike Raivala, Listing office: RE/MAX Results
11585 E Railroad St Lake Nebagamon, WI 54849
Property details
About 11585 E Railroad St
This beautifully renovated property offers an incredible investment opportunity on 1.84 acres in the Village of Lake Nebagamon This property is perfect for entrepreneurs seeking steady revenue generation. At its core is an immaculate 2-bedroom, 2-bath home featuring a gorgeous custom kitchen with new GE Profile appliances, abundant cabinetry, and very attractive countertops. The home also boasts new energy-efficient lighting and a combination boiler and water heater that utilizes convenient natural gas and there is a mini-split A/C and heat pump to keep you comfortable. The lower level includes a spacious family room with in-floor heat that is ideal for various uses , and the beautiful second bathroom. You?ll appreciate the meticulous attention to detail and quality craftsmanship throughout the renovation. The property also includes an updated laundromat business, which has undergone a substantial facelift with new equipment, energy-efficient lighting, an updated restroom, and a sophisticated camera system for added security. The modern mechanical systems supporting the laundromat are in excellent condition, making the business truly turnkey. Additionally , the property features a two-bay self-serve car wash with in-floor heating to reduce operating costs. A 60 x 28-foot, 5-bay garage offers additional leasable storage space, with ample land available for expansion if desired. An additional 0.57-acre parcel, zoned R1, is included and would be suitable for building another home. Whether you?re looking for a great income opportunity, want to operate a successful home business, or wish to expand your portfolio of vacation rentals, this property is sure to exceed your expectations. The property is located a short walk to the public beach on Lake Nebagamon and the businesses that support the local population that include a bank, grocery store, restaurants, ice cream shops, and two taverns. Railroad Street is also a part of the popular recreational vehicle trail network in Douglas County.
Highlights
Summary
- Full Bathrooms: 1
- Total Bedroom Count: 2
- Garage Space: 5 spaces
- Parking: 4 Car
- Waterfront: None
- Architectural Style: Ranch
- List Price: $474,000
- Price/SqFt: $291
- Directions: From Superior take 53 S to a Left on CTH B, Right on B, Left on S Lake Ave and Right on Railroad St.
- Stories: 1
- Living Area: 1,624 SqFt
- Municipality: Lake Nebagamon
- Lot Size: 2.38 Acres
- MLS Number: 6120126
- MLS Name: WIREX_SAAR
- Office Name: RE/MAX Results
- Office Phone: (715) 392-1111
- Office Email: superior@results.net
- Listing Agent: Robin McKay
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Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 2:15:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
Northwestern Elementary School
Public District PK-5
5.5 mi
•10465 E US Highway 2
6
Eagles' Wings Public Montessori Charter
Public Charter PK-6
13.3 mi
•8993 E Baldwin Ave
6
Iron River Elementary School
Public District KG-5
14.0 mi
•7730 Pettingill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,148. Typical income of Lake Nebagamon, WI residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 11585 E Railroad St
The listing price of 11585 E Railroad St property is $474,000.
The property 11585 E Railroad St is a house located in Lake Nebagamon, Wisconsin, 54849.
Active Listing: 11585 E Railroad St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11585 E Railroad St are: Northwestern Elementary School (GreatSchools Rating 5/10), Eagles' Wings Public Montessori Charter (GreatSchools Rating 6/10), Iron River Elementary School (GreatSchools Rating 6/10), Northwestern Middle School (GreatSchools Rating 5/10), Superior Middle School (GreatSchools Rating 2/10), Drummond Junior High School (GreatSchools Rating 3/10), Northwestern High School (GreatSchools Rating 5/10), Solon Springs School (GreatSchools Rating 3/10), Superior High School (GreatSchools Rating 6/10).
The property at 11585 E Railroad St has 2 bedrooms and 2 bathrooms.
The property 11585 E Railroad St is 1,624 SqFt (source: MLS/tax record).
This home is located at 11585 E Railroad St in Lake Nebagamon, WI and zip code 54849. This 1,624 square foot home sits on a 2.38 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $474,000.
In June 2025, from all listings sold in Lake Nebagamon, WI there were more than 2 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The number of listings in Lake Nebagamon, WI remained the same between May and June 2025. Listings spent 1 days on the market in June 2025, and had a median list price of $307,500 during the same period.