About This Home

This 0-bedroom, 0-bathroom commercial at 36 5th Avenue in Shell Lake, WI is listed for $219,500 ($79 per sqft). Built in 1920, the home offers 2,788 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1920
  • 0.11 acre lot

Property Details

1920

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,174/mo

20% down · 6.5% · 30 years

Principal$159
Interest$951
Insurance$64

Estimates only. Actual payments may vary.

Location

36 5th Avenue

Shell Lake, WI 54871

Features & Amenities

Interior Features

Storage

Exterior Features

Lighting

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 36 5th Avenue is listed at $219,500 ($79/sqft). The estimated monthly payment is $1,174 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.11 acre lot. Interior Features: Storage. Exterior Features: Lighting.

This property is listed by Donnie Marker.

DM

Donnie Marker

License 83272-94

Agent at Realtyscape, LLC DBA LakePlace.com

Listed by Realtyscape, LLC DBA LakePlace.com · Broker phone: (612) 366-4454 · Broker website

MLS# 1605343· Source: REALTORS® Association of Northwestern Wisconsin· 25 days on PropertySimple

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.

36 5th Avenue, Shell Lake, WI 54871

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