New Listing
36 5th Avenue,Shell Lake, WI 54871
Shell Lake, WI 54871
Description
Turnkey Restaurant & Income-Producing Apartment in the Heart of Shell Lake! An excellent opportunity to own the well-established Shell Lake Lunchbox, a popular Main Street restaurant with a long history of success in the community! This turnkey business is ready for a new owner to step in and continue its legacy or bring their own vision to this versatile commercial space. The restaurant comes fully equipped, with everything included to make for a smooth transition, and the current owner is willing to stay on for a period of time to assist with the handoff. The property also features a spacious 2-bedroom apartment above the restaurant, offering the opportunity for additional rental income or convenient owner-occupied living. The apartment includes a kitchen, dining area, large living room, bathroom, laundry area, and two walk-in closets. Additional highlights include a full liquor license, walk-in cooler and freezer, well-maintained equipment, and numerous updates throughout, including roofing, flooring, select plumbing and electrical, lighting, booths, and restaurant equipment. Conveniently located on Main Street within walking distance of Shell Lake Beach, the campground, local businesses, and community amenities. Whether you envision continuing the restaurant tradition, creating a new dining concept, or exploring other business opportunities, this property offers plenty of possibilities.
Details
| MLS # | 1605343 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 1 |
| Listing Provided By | Dane Arthur Real Estate Agency/Birchwood | Donnie Marker |
Features
| SQ Feet | 2,788 |
|---|---|
| Basement | Y |
| Zoning | Commercial |
| Acreage | 0.11 |
Taxes
| Tax Annual Amount | 2496.71 |
|---|
Area Information
| State | WI |
|---|---|
| County | Washburn |
| City | Shell Lake |
| Zip Code | 54871 |
| Listing VS Median (in 54871) | |
Price: $219,500 low | high Med: $309,900 sqft: 2,788 low | high Med: 1,601 $ / sqft: $79 low | high Med: $194 On site: 1 low | high Med: 8 | |
Market Activity 54871
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Learn More About This Property
| State | WI |
|---|---|
| County | Washburn |
| City | Shell Lake |
| Zip Code | 54871 |
| Listing VS Median (in 54871) | |
Price: $219,500 low | high Med: $309,900 sqft: 2,788 low | high Med: 1,601 $ / sqft: $79 low | high Med: $194 On site: 1 low | high Med: 8 | |