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338 Rail, 
Negaunee, MI 49866

$379,900


3

Beds


3

Baths


2,992

Sq Ft


Single Family

Active

Listed by

Benjamin Argall

Nexthome Superior Living

906-214-4267

Last updated:

January 17, 2026, 11:18 AM

MLS#

50194888

Source:

MI REALSOURCE

About This Home

338 Rail

Charming and updated residence in the heart of downtown Negaunee, offering a rare blend of historic character, modern comfort, and versatile living spaces. This thoughtfully improved home features extensive updates throughout, creating a move-in-ready opportunity with room to tailor the property to your needs. The upper living space has been beautifully refreshed with new furnishings (2022), updated kitchen appliances, a 2025 tankless gas water heater, high-efficiency boiler, new washer and dryer (2025), and a full electrical tune-up. A complete sewer line and drain replacement was finished in 2022 for long-term peace of mind. Additional conveniences include an Ecobee smart thermostat, Schlage Encode keyless entry, and window A/C units. The layout provides comfortable everyday living, with warm natural light and inviting finishes throughout. On the main level, a spacious open area currently used as a commercial suite offers exceptional flexibility. It could be reimagined as additional living space, a studio, workshop, home office, or creative workspace—its size and configuration make it adaptable to many uses. Utilities on the main level are separately metered, opening the door to future customization. Below, a heated garage/basement adds even more value. This generous space works well for storage, hobbies, recreation gear, or project space, with the benefit of year-round warmth. The location places you right in the center of Negaunee’s vibrant downtown corridor—close to local shops, restaurants, and community amenities. Outdoor recreation is nearby with easy access to RAMBA trails, the Iron Ore Heritage Trail, and ATV/snowmobile routes. The Depot venue is just a short distance away, adding to the convenience. With its thoughtful updates, versatile layout, and unbeatable location, this property offers a unique opportunity to enjoy modern living in a dynamic and walkable downtown setting. Listing also listed under commercial MLS#50194886.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1900

Price Summary

379,900

$126 per Sq. Ft.

MLS #:

50194888

Last Updated:

January 17, 2026, 11:18 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,992 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,992 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$379,900

Price per Sq. Ft:

$126 per Sq. Ft.

Source:MI REALSOURCE
The information being provided by Michigan Mls/Mirealsource is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Michigan Mls/Mirealsource All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.