36 5th Avenue Shell Lake, WI $ 219,500
36 5th Avenue
$ 219,500
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36 5th Avenue

Shell Lake, WI, 54871
$ 219,500
Bedrooms-- Baths-- Sq 3,108

Monthly Estimate*

$ 1,516

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Commercial Property for sale in Shell Lake, WI

for $219,500. This 3,108 square foot building was built in 1920 on a lot size of 0.11.

Turnkey Restaurant & Income-Producing Apartment in the Heart of Shell Lake! An excellent opportunity to own the well-established Shell Lake Lunchbox, a popular Main Street restaurant with a long history of success in the community! This turnkey business is ready for a new owner to step in and continue its legacy or bring their own vision to this versatile commercial space. The restaurant comes fully equipped, with everything included to make for a smooth transition, and the current owner is willing to stay on for a period of time to assist with the handoff. The property also features a spacious 2-bedroom apartment above the restaurant, offering the opportunity for additional rental income or convenient owner-occupied living. The apartment includes a kitchen, dining area, large living room, bathroom, laundry area, and two walk-in closets. Additional highlights include a full liquor license, walk-in cooler and freezer, well-maintained equipment, and numerous updates throughout, including roofing, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment. Conveniently located on Main Street within walking distance of Shell Lake Beach, the campground, local businesses, and community amenities. Whether you envision continuing the restaurant tradition, creating a new dining concept, or exploring other business opportunities, this property offers plenty of possibilities.

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Commercial Active

Price

$ 219,500

Property Type

Commercial

Taxes

$ 1,677

Style

Lot Size

0.11

Year Built

1920

Town/City

Shell Lake

County/Region

Washburn

MLS | Web ID

7154038

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Heating Separate
Appliances Dryer Exhaust Fan Microwave Range Refrigerator Washer
Garage Spaces 0
Construction Materials Brick
Year Built 1920
Levels Two
Tax Year 2025
Current Use Residential Restaurant
Accessibility No Stairs External
County Washburn
New Construction N
Property Type Commercial Sale
Contingency None
Possible Use Other Restaurant
Directions Take US 63 into Shell Lake turn at Lakeview Bar and Grill the property will be on your right and will be signed.
City Shell Lake
High School District Shell Lake
Zoning Description Business/Commercial
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1677
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Partial
Basement (Y/N) Y
Fuel Natural Gas
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Exterior
Fencing None
Parking Features Gravel On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Liquor License
Lot Size Area 0.11
Building Area Total 3108
Lot Dimensions 36x132
Waterfront Y/N N
Foundation Area 1394
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Internal Only
Street Number 1 36
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* Excluded Features
List By
Dane Arthur Real Estate Agency

Broker

donnie@lakeplace.com

Email

Affordability Calculator

$1,656
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,516
Monthly Property Taxes
$140
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048491 Elementary School
3048444 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$219,500 Listed Price

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36 5th Avenue, Shell Lake, WI, 54871 is a Commercial Property for sale at $219,500 with 3,108 sqft and a lot size of 0.11. 36 5th Avenue was built in 1920. The property's zip code is 54871 which is in Shell Lake, WI