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Grocery Store with Equipment
For Sale
$499,000

132 W Water Street, Shullsburg, WI 53586

COMMERCIAL - Shullsburg, WI

Property Size3,460 SF
Price / SF$144.22
Days on Market143

Property Features for 132 W Water Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Security features Security System
Interior features 3 phase electric, Display window, Security system, Private office(s)
Lot features Business district
Directions From Hwy. 11 W turn East on Water Street, follow approx. 3 blks. East to property on your right.
Subdivision SHULLSBURG - C
Standard status Active
APN 281-0257-0000
Size 3,460 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3090

Building Details

Year built 1920
Number of units 1
Roof type Membrane
Listing Agency: Teasdale Realty & Auction Serv, LLC
Listed By: Larry Teasdale · License #58045-90
Added: Mar 16 Changed: Aug 5 Last Checked: Aug 5 at 11:06PM
MLS# 2017660

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This grocery property comprises 3,460 square feet and includes the store operation, equipment, and inventory. The building dates to 1920 and offers display windows, private office space, a security system, and three-phase electric service. A membrane roof completes the primary building improvements.

Located at 132 W Water Street in downtown Shullsburg, the property provides a commercial storefront setting for grocery retail use. The offering also includes a portion of the store that has been occupied by the grocery business for years, while the other portion is the section being sold.

Key Highlights

  • 3,460‑square‑foot grocery property with equipment and inventory included
  • 1920 construction with a membrane roof
  • Three‑phase electric service

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Electrical Service Bakery Law Firm (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
4,143 visits/mo 0.5 miles
Dollar General Shops & Services
3,114 visits/mo 0.4 miles
Citgo Shops & Services
1,917 visits/mo 0.2 miles

Demographics for 53586, WI

2,101
Population
968
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
100.5 sq mi
ZIP Area
21
Density / Sq Mi
$65,658
Median Household Income
$38,750
Median Earnings
$977
Median Rent
$149,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established grocery property with included equipment, inventory, office space, and customer-facing display windows.
Where is this grocery and convenience store located?
The property is located at 132 W Water Street Shullsburg, WI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,460‑square‑foot grocery property with equipment and inventory included; 1920 construction with a membrane roof; Three‑phase electric service
More about this property
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