Building Details

Year Built 1920

Buildings 1

Listing Agency: Dane Arthur Real Estate Agency

Listed By: Donald A Marker

Source: Tayloronken

Added: Oct 4 Last Checked: Oct 5 at 10:59PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dane Arthur Real Estate Agency

Investment Insights

Based on property information with market context.

This 2,788-square-foot mixed-use property combines a restaurant with a two-bedroom apartment above. The residence has a kitchen, dining area, living room, bathroom, laundry area, and two walk-in closets. Restaurant equipment is included, with a walk-in cooler and freezer and a full liquor license. Improvements include work to the roof, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment. The owner is willing to assist with the business transition for a period of time.

The property is on Main Street in Shell Lake, within walking distance of Shell Lake Beach, the campground, local businesses, and community amenities.

Key Highlights

• 2,788‑square‑foot mixed‑use property with restaurant and two‑bedroom apartment
• Apartment includes kitchen, dining area, living room, bathroom, laundry area, and two walk‑in closets
• Restaurant equipment included, including a walk‑in cooler and freezer

Property Analytics

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Current Use

Shell lake lunchbox Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Electrical Service Plumbing Service Storage Facility Pharmacy

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

1

Residential units

Turnkey business

Opportunity

Yes

Paved road access

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

148

Businesses Nearby

Explore this area Business Placement

Demographics for 54871, WI

3,300

Population

1,914

Households

1.7

Avg Household Size

48

Median Age

25%

College-Educated

94%

High-School Grad

115.7 sq mi

ZIP Area

29

Density / Sq Mi

$70,100

Median Household Income

$35,930

Median Earnings

$740

Median Rent

$215,100

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - A furnished restaurant and a two-bedroom residence share this Main Street property.

Where is this mixed-use property located?

The property is located at 36 5th Ave Shell Lake, WI.

What is the asking price?

The asking price for this property is $219,500.

What are key features of this property?

This property features: 2,788‑square‑foot mixed‑use property with restaurant and two‑bedroom apartment; Apartment includes kitchen, dining area, living room, bathroom, laundry area, and two walk‑in closets; Restaurant equipment included, including a walk‑in cooler and freezer