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Shell Lake, WI Multifamily Properties for Sale

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Shell Lake Turnkey Duplex
$245,000
1,887 SF

Shell Lake Turnkey Duplex

22 6th Avenue, Shell Lake, WI 54871

Updated duplex near the beach and downtown Shell Lake.

  • Turnkey duplex: Ready for immediate occupancy or rental income.
  • Two 2 bed, 1 bath units: Offers immediate rental income potential or owner‑occupancy with rental income.
  • Steps from the beach: Highly desirable location near recreational amenities.
  • Walking distance to downtown shops and restaurants: Convenient access to local amenities.
  • Updated throughout: Reduces immediate maintenance costs and increases appeal.
Updated: Apr 22
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Shell Lake Commercial Building For Sale
$299,900
9,570 SF

Shell Lake Commercial Building For Sale

31-37 5th Avenue, Shell Lake, WI 54871

Commercial building with apartment and fixtures in Shell Lake, WI.

  • Prime commercial location in the heart of Shell Lake with excellent visibility and accessibility.
  • Includes grocery store fixtures: coolers, shelving, POS system, and checkout stand.
  • Upper‑level apartment provides steady rental income.
  • Large parking lot with additional street parking.
  • Versatile property suitable for retail, grocery, specialty market, or other commercial uses.
Updated: Mar 9
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Shell Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Spooner, WI Multifamily Development Lot
$75,000
1.08 Acres

Spooner, WI Multifamily Development Lot

1.076-acre lot suitable for single or multi-family development.

Pine Drive, Spooner, WI 54801
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Turn-Key Bar and Grille
$199,900
2,571 SF

Turn-Key Bar and Grille

Bar and grille with apartments in Stone Lake, Wisconsin.

16877 W Main Street, Stone Lake, WI 54876
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Spooner, WI Multi-Family Lot
$50,000
0.46 Acres

Spooner, WI Multi-Family Lot

0.46-acre lot with utilities for residential or mixed-use development.

Dur A Bilt Road, Spooner, WI 54801
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Turn-Key Bar and Grille
$199,900
2,571 SF

Turn-Key Bar and Grille

Bar and grille with apartments on Stone Lake's Main Street.

16877 W Main Street, Stone Lake, WI 54876
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Freeway
$799,000
9.20 Acres

Commercial Land Near Freeway

9 acre commercial property near freeway in Hinckley, Minnesota.

101 Morris Avenue, Hinckley, MN 55037
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Pine River Twp Waterfront Land
$499,900
30.20 Acres

Pine River Twp Waterfront Land

30.2 acres with 720 feet of shoreline.

Backus, MN 56435
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Waterfront Land on Fish Lake
$550,000
4.00 Acres

Waterfront Land on Fish Lake

4+ acres of waterfront property on crystal-clear Fish Lake.

W12381 COUNTY ROAD GG, Hancock, WI 54943
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Residential Land Near Henes Park
Contact for pricing
0.21 Acres

Residential Land Near Henes Park

Vacant city lot ready for building near Henes Park.

605 46th, Menominee, MI 49858
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Shell Lake, WI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Shell Lake, WI on our real estate platform. These investment opportunities span a total of 11,457 square feet of properties for sale, with an estimated market value of $544,900.

Sale prices for multifamily properties in Shell Lake, WI start at $245,000, averaging $272,450, and reaching up to $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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