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Grocery Store with Equipment
For Sale
$499,000

132 W Water Street, Shullsburg, WI 53586

Business/Comm, Shullsburg, WI

Property Size3,460 SF
Price / SF$144.22
Days on Market159

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 20 Last Checked: Aug 21 at 4:06AM
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 offering includes a grocery business along with its equipment and inventory. The store occupies two distinct portions: one section is owned by the Oddfellows and has been leased to the grocery store for years, while the other section, constructed in 1920, is being sold. The property contains 3,460 square feet and includes display windows, private office(s), a security system, and three-phase electric service. A membrane roof serves the building.

Located in downtown Shullsburg, the property is positioned at 132 W Water Street. The combination of an operating grocery business, existing equipment and inventory, commercial improvements, and established occupancy in one portion provides a defined business and real estate offering.

Key Highlights

  • Grocery business offered with equipment and inventory
  • 3,460‑square‑foot commercial property
  • One portion has been rented to the grocery store for years

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

145
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
3,114 visits/mo 0.4 miles
Citgo Shops & Services
1,917 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Downtown Shullsburg grocery business with inventory, display windows, private offices, and three-phase electrical service.
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: Grocery business offered with equipment and inventory; 3,460‑square‑foot commercial property; One portion has been rented to the grocery store for years
More about this property
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