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$219,500

0 Beds 0 Baths 3,108 SQFT 0.11 Acres
Type: Commercial

36 5th Avenue
Shell Lake, WI 54871

MLS#: 7154038
Scott Priebe
Scott Priebe
The Real Estate Advantage
Phone: 952.270.3416
Office: 952.898.5800
Presented by: Dane Arthur Real Estate Agency

Property Description

 

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.


 

Interior Features

Other Interior Features

BasementPartial
Basement (Y/N)Yes
FuelNatural Gas

General

AccessibilityNo Stairs External
Additional Parcels Y/NNo
AppliancesDryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
CityShell Lake
Construction MaterialsBrick
ContingencyNone
CoolingCentral Air
CountyWashburn
Current UseResidential, Restaurant
DirectionsTake US 63 into Shell Lake turn at Lakeview Bar and Grill, the property will be on your right and will be signed.
Garage Spaces0
HeatingForced Air
High School DistrictShell Lake
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total2
Possible UseOther, Restaurant
PostalCityShell Lake
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$1,677
Tax Year2025
UtilitiesHeating Separate
Year Built1920
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total3,108 sqft
FencingNone
Foundation Area1,394 sqft
InclusionsBuilding, Business, Fixture/Equipment, Liquor License
Lot Dimensions36x132
Lot Size Area0 sqft
Parking FeaturesGravel, On-Street Parking Only
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

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$219,500

0 Beds 0 Baths 3,108 SQFT 0.11 Acres
Type: Commercial

36 5th Avenue
Shell Lake, WI 54871

MLS#: 7154038
Scott Priebe
Scott Priebe
The Real Estate Advantage
Phone: 952.270.3416
Office: 952.898.5800