For sale

$289,000

302 Railroad St, Elroy, WI 53929

2beds

6,168sqft

$1,861/mo

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Single Family Residence

Built in 1900

0.28 Acres Lot

$268,800 Zestimate^®

$47/sqft

$-- HOA

What's special

This property has income potential with two well-maintained rental apartments upstairs and the main floor provides endless possibilities for a café, bar, retail shop, specialty store, or many other small business ideas. This building is rich in character and history. Is it your dream to be your own boss and own a business? Here is your opportunity to make that dream a reality! Located directly across the street from the famous Sparta/Elroy Bike Trail, this property offers exceptional visibility and steady seasonal traffic-the perfect setting for your next venture. While the charm remains, the major updates have already been completed for you, including a newer central AC unit, brand new furnace(2026), gas fireplace, and numerous interior updates throughout. With its historic charm, modern improvements, and unbeatable location, this is a rare opportunity to invest in both lifestyle and income!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 2
Main level bathrooms: 2

Primary bedroom

Level: Upper
Area: 120
Dimensions: 12 x 10

Bedroom 2

Level: Upper
Area: 100
Dimensions: 10 x 10

Kitchen

Features: Range/Oven, Refrigerator
Level: Upper
Area: 132
Dimensions: 12 x 11

Living room

Level: Upper
Area: 180
Dimensions: 12 x 15

Heating

Forced Air, Other Heating/Cooling

Cooling

Central Air, Other Heating/Cooling

Features

Other, Second Kitchen
Basement: None
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 6,168
Total interior livable area: 6,168 sqft
Finished area above ground: 6,168

Property

Parking

Parking features: No Garage
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 0.28 Acres

Details

Parcel number: 292210524
Zoning: commercial

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Elroy

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $174,100
Annual tax amount: $5,481
Date on market: 6/10/2026
Inclusions: refrigerators, stove/ovens in upstairs rental units, commercial kitchen hood, fire suppression system, window blinds
Exclusions: seller and current business personal property, main level kitchen appliances and equipment, tables, chairs, and all inventory