$219,500
36 5th Avenue, 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.
Property Details
Interior
- Partial, Block, Stone
- Central Air, Forced Air
- Natural Gas
- Total Sqft: 2,788
- Estimated Sqft Range: 2501-3000
Exterior
- Range: 0.0 to .499
- Brick
- Size: 0 x 0 x
- Waterfront: N
- Municipal Sewer, Municipal Water
Misc.
- Y
- Features: Inside Storage, Restroom(s)
- N
- Code: 54871
- Y
- Name: 5th Avenue
- Suffix: AVENUE
- 2025
- Commercial
Map
- Take US 63 into Shell Lake turn at Lakeview Bar and Grill, the property will be on your right and will be signed.
Monthly Payment Calculator
Schools and Neighborhood
- Shell Lake
- Shell Lake
- Name: SHELL LAKE
- Type: City
- WASHBURN
Market Comparison
How this property compares to local market averages — calculated 10/9/2026
Listing Information
- Time on Market: 6 days
- Place Perfect Last Updated: 2026-10-02 11:58:50
- MLS Number: 1605343
- Subsystem Locale: WIREX_NWW
- Listing Office: Dane Arthur Real Estate Agency/Birchwood
- Listing Agent: Donnie Marker
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