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.
For sale
Price cut: $15K (7/21)
$474,000
11585 E Railroad Rd, Lake Nebagamon, WI 54849
2beds
1,624sqft
Est.:
Single Family Residence
Built in ----
2.38 Acres Lot
$-- Zestimate®
$292/sqft
$-- HOA
What's special
Quality craftsmanshipAbundant cabinetryNew energy-efficient lightingGorgeous custom kitchenNew ge profile appliancesAttractive countertops
- 61 days
- on Zillow |
- 777 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 06:01pm
Listed by:
Robin McKay 218-390-3358,
RE/MAX Results
Source: Lake Superior Area Realtors,MLS#: 6120126

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
- Area: 114 Square Feet
- Dimensions: 10 x 11.4
Bedroom
- Level: Main
- Area: 119 Square Feet
- Dimensions: 10 x 11.9
Kitchen
- Level: Main
- Area: 175.2 Square Feet
- Dimensions: 12 x 14.6
Living room
- Level: Main
- Area: 265.6 Square Feet
- Dimensions: 16 x 16.6
Rec room
- Description: In-floor heat
- Level: Basement
- Area: 622.5 Square Feet
- Dimensions: 24.9 x 25
Heating
- Baseboard, Boiler, In Floor Heat, Hot Water, Natural Gas
Cooling
- Ductless
Features
- Basement: Partial,Bath,Family/Rec Room
- Has fireplace: No
Interior area
- Total interior livable area: 1,624 sqft
- Finished area above ground: 812
- Finished area below ground: 812
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 5
Lot
- Size: 2.38 Acres
- Dimensions: 235 x 198 x 297 x 367 + 281 x 212 x 433
Details
- Foundation area: 784
- Parcel number: LN1460044400 and LN1460038900
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Wood, Concrete Block, Frame/Wood
- Foundation: Concrete Perimeter
Condition
- Previously Owned
Utilities & green energy
- Electric: SWL&P, Dahlberg
- Sewer: Public Sewer
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Nebagamon
Financial & listing details
- Price per square foot: $292/sqft
- Annual tax amount: $3,195
- Date on market: 6/17/2025
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