Lake Nebagamon WI Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
6116334
Type:
General Commercial
Lot size:
2.38 Acres
Year built:
1900
A broker reciprocity listing Courtesy: RE/MAX Results 715-392-1111
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ADDITIONAL INFORMATION

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. Youâ??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 youâ??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.

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Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

2025 Copyright 2025 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.




Lake Nebagamon Real Estate

Lake Nebagamon is located in Wisconsin. Lake Nebagamon, Wisconsin has a population of 899. Lake Nebagamon is less family-centric than the surrounding county with 17.29% of the households containing married families with children. The county average for households married with children is 26.11%.

The median household income in Lake Nebagamon, Wisconsin is $70,536. The median household income for the surrounding county is $59,688 compared to the national median of $69,021. The median age of people living in Lake Nebagamon is 59.3 years.

Lake Nebagamon Weather

The average high temperature in July is 79.6 degrees, with an average low temperature in January of 0.4 degrees. The average rainfall is approximately 31.8 inches per year, with 65.3 inches of snow per year.

Lake Nebagamon Map

Lake Nebagamon Real Estate Market Conditions

  • Median sales price

    $335,000
    14.4%
    change since last quarter
  • # Active listings

    14
    30-day change

Lake Nebagamon Schools and Demographics

Education near Lake Nebagamon, WI

City County
High School Graduates 96.44 94.24
College Degree - 2 year 15.89 13.3
College Degree - 4 year 41.1 26.58
Graduate Degree 16.99 6.09
Expenditures per Student 13,559 13,559
Students per Teacher 14 14

Elementary Schools near Lake Nebagamon, WI

Grades Students P/T Ratio ZIP
Iron River Elementary School KG - 05 95 11.2 54847
Northwestern Elementary School PK - 05 536 14.8 54864

Middle Schools near Lake Nebagamon, WI

Grades Students P/T Ratio ZIP
Northwestern Middle School 06 - 08 304 16.6 54864

High Schools near Lake Nebagamon, WI

Grades Students P/T Ratio ZIP
Northwestern High School 09 - 12 454 16.4 54854

Ungraded Schools near Lake Nebagamon, WI

Grades Students P/T Ratio ZIP
Solon Springs School PK - 12 265 8.9 54873

Demographics near Lake Nebagamon, WI

City County
Neighborhood Type Small town
Population 899 44,034
Population Density 72 34
Median Age 59.3 42.3
People per Household 2.1 2.3
Median Household Income 70,536 59,688
Average Income per Capita 41,373 32,845

Real estate near Lake Nebagamon