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    Shell Lake, WI Retail Properties & Spaces for Sale

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    Shell Lake Commercial Building For Sale
    Updated: Mar 9
    Shell Lake Commercial Building For Sale

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

    $275,000
    9,570 sqft 0.50 AC lot
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Opportunities in Nearby Cities

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

    Car Wash and Service Center
    Car Wash and Service Center

    701 S River Street, Spooner, WI 54801

    $1,100,000
    4,032 sqft 0.91 AC lot

    Multi-business property with car wash, two-bay oil change center, and laundromat operations on a busy highway.

    View details
    Versatile Commercial Property Near Rice Lake
    Versatile Commercial Property Near Rice Lake

    2248 20 1/4 Street, Rice Lake, WI 54868

    $349,000
    2,768 sqft 0.64 AC lot

    High-visibility property with two buildings suitable for various business uses.

    View details
    Multi-Use Auto Service & Laundromat
    Multi-Use Auto Service & Laundromat

    701 S River St, Spooner, WI 54801

    $1,100,000
    4,032 sqft

    For sale property combining a car wash, two-bay oil change center, and laundromat with multiple washer and dryer units.

    View details
    Rice Lake Commercial Property
    Rice Lake Commercial Property

    430 N MAIN Street, Rice Lake, WI 54868

    $307,000
    2,400 sqft

    Commercial property with flexible space and convenient access in Rice Lake.

    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 Parcel for Development
    Commercial Land Parcel for Development

    19th Street, Rice Lake, WI 54868

    $42,900
    1.13 AC lot

    Commercial parcel with cleared, leveled ground and direct highway access for a range of business uses.

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    Wooded Land with Pond Access
    Wooded Land with Pond Access

    W58-xx Oakridge Drive, Trego, WI 54888

    $115,000
    32.81 AC lot

    Wooded land with rolling hills, pond, and highway access.

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    Waterfront Land on Red Cedar
    Waterfront Land on Red Cedar

    S Access Road, Rice Lake, WI 54868

    $169,900
    5.08 AC lot

    Unique 5+ acre property with 580+ feet of frontage.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    1st Avenue, Siren, WI 54872

    $42,000
    0.44 AC lot

    Commercial lot in Siren, WI offered with owner financing, suitable for a range of development and business uses.

    View details

    Shell Lake, WI Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Shell Lake, WI on our real estate platform. These investment opportunities span a total of 9,570 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for stores in Shell Lake, WI average $275,000 — 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

    Grocery and convenience stores 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Shell Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54871 $275K

    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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