Mixed-Use Building with
New
For Sale
$219,500
36 5th Avenue, Shell Lake, WI 54871
CommercialSale, Shell Lake, WI
Property Size2,788 SF
Lot Size0.11 Acres
Price / SF$78.73
Days on Market6
Property Features for 36 5th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Interior features
Storage
Exterior features
Lighting
Elementary school district
Shell Lake
Middle school district
Shell Lake
High school district
Shell Lake
Directions
Take US 63 into Shell Lake turn at Lakeview Bar and Grill, the property will be on your right and will be signed.
Standard status
Active
APN
652822381325515530587500
Size
2,788 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ORIGINAL PLAT (CSL) W 34' LOT 11 BLOCK 15 & E 2' LOT 12 BLOCK 15 DOC# 397645 WD
Tax Annual Amount
2497
Legal Description
ORIGINAL PLAT (CSL) W 34' LOT 11 BLOCK 15 & E 2' LOT 12 BLOCK 15 DOC# 397645 WD
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Building materials
Brick
Additional Structures
Storage
Listing Agency:
Dane Arthur Real Estate Agency/Birchwood
(715) 354-9773
Listed By:
Donnie Marker · License #83272-94
(715) 520-2047
Added: Oct 2
Last Checked: Oct 7 at 9:06AM
MLS# 1605343
Copyright © 2026 REALTORS® Association of Northwestern 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 2,788-square-foot mixed-use property, built in 1920 on a 0.11-acre parcel, combines a restaurant with a two-bedroom apartment above. The dining operation includes a full liquor license, walk-in cooler and freezer, and restaurant equipment. Updates have been made to the roof, flooring, select plumbing and electrical, lighting, booths, and equipment. The seller is willing to assist with the transition for a period of time.
The apartment has a kitchen, dining area, large living room, bathroom, laundry area, and two walk-in closets. The property is within walking distance of Shell Lake Beach, the campground, local businesses, and community amenities.
The apartment has a kitchen, dining area, large living room, bathroom, laundry area, and two walk-in closets. The property is within walking distance of Shell Lake Beach, the campground, local businesses, and community amenities.
Key Highlights
- 2,788‑square‑foot mixed‑use property on 0.11 acres
- Restaurant space includes a full liquor license, walk‑in cooler and freezer, and equipment
- Two‑bedroom apartment above the restaurant with kitchen, laundry area, and two walk‑in closets
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
158
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating dining space is paired with a two-bedroom apartment featuring its own kitchen, laundry area, and walk-in closets.
Where is this mixed-use property located?
The property is located at 36 5th Avenue 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 on 0.11 acres; Restaurant space includes a full liquor license, walk‑in cooler and freezer, and equipment; Two‑bedroom apartment above the restaurant with kitchen, laundry area, and two walk‑in closets
