Restaurants

Shell Lake, WI Restaurants for Sale

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Sarona, WI Spooner, WI Barronett, WI Rice Lake, WI Trego, WI Stone Lake, WI Cumberland, WI Springbrook, WI
Mixed-Use Building with Restaurant
Updated: Oct 2
Mixed-Use Building with Restaurant

36 5th Avenue, Shell Lake, WI 54871

$219,500
2,788 sqft 0.11 AC lot
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
Updates include roofing, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment
Built in 1920
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Restaurant and Apartment Mixed-Use Property
Updated: Oct 4
Restaurant and Apartment Mixed-Use Property

36 5th Ave, Shell Lake, WI 54871

$219,500
3,108 sqft
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
Full liquor license
Updates include roofing, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Shell Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Bar and Restaurant
Mixed-Use Bar and Restaurant

2756 23 1/2 Street, Rice Lake, WI 54868

$339,900
4,172 sqft 0.97 AC lot

Two-story commercial property with a second-floor apartment, restaurant improvements, and outdoor recreation access nearby.

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Furnished Restaurant with Apartment
Furnished Restaurant with Apartment

2982 US Highway 63, Barronett, WI 54813

$299,900
3,500 sqft 0.24 AC lot

Fully equipped dining, bar, and kitchen facilities accompany a three-bedroom apartment above the restaurant.

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Campground With Bar and RV Sites
Campground With Bar and RV Sites

2801 22nd St, Rice Lake, WI 54868

$750,000
2,500 sqft 5.20 AC lot

Multi-use campground with seasonal RV accommodations, bar operations, lodging, event facilities, and supporting site improvements.

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Furnished Supper Club Restaurant
Furnished Supper Club Restaurant

2982 Highway 63, Barronett, WI 54813

$299,900

The restaurant includes a furnished dining room, bar, equipped kitchen, and an upstairs apartment.

View details

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 with Utilities
Commercial Land with Utilities

317 W 5th Avenue, Minong, WI 54859

Contact for pricing
0.11 AC lot

Small commercial parcel with public water and sewer service in a downtown corridor along WI-77.

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Business-Zoned Commercial Land
Business-Zoned Commercial Land

Industrial Avenue, Turtle Lake, WI 54889

$950,000
10.37 AC lot

Business-zoned land with access from a paved city street.

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Commercial Land
Commercial Land

Highway 27 lot: #1, Hayward, WI 54843

$59,000
0.47 AC lot

Commercial lot along Highway 27 with stated potential for retail, dining, or other commercial uses.

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Shell Lake, WI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Shell Lake, WI on our real estate platform. These investment opportunities span a total of 5,896 square feet of properties for sale, with an estimated market value of $439,000.

Sale prices for restaurant properties in Shell Lake, WI average $219,500 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 3,323
Population Growth (5Y) +11.0%
Median Household Income $70,100
College Educated 32.3%

Taxes & Financing

Tax Rate (average for all types) 1.28%
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washburn County

New Delisted

Total CRE Inventory on Market (SF)

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