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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.

Highlights

  • Commercial Sale
  • Built in 1920
  • 0.11 Acre Lot
  • 37 days on Market

  • Year Built
    1920
  • Stories
    2.0
  • Construction Materials
    Stone, Brick
  • Foundation
    Block, Stone
  • Parking Features
    Gravel, On Street
  • Appliances
    Dryer, Microwave, Refrigerator, Washer, Range, Exhaust Fan
  • Flooring
    Vinyl
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Partial

  • Acres
    0.11
  • Water
    Public

  • County
    Washburn
  • City
    Shell Lake
  • Zip Code
    54871

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Frequently Asked Questions

How do I schedule a tour of 36 5th Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 36 5th Ave.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 36 5th Ave?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $219,500. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Shell Lake, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 36 5th Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 36 5th Ave at around $1,389. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 36 5th Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Washburn County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 36 5th Ave?

In most cases, yes. Whether 36 5th Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Shell Lake's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 36 5th Ave?

We can handle that for you. Our preferred local agent specializes in commercial sales in Shell Lake and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $219,500 with 3,108 sqft of space—that comes out to approximately $71 per square foot.

How long has this property been on the market?

36 5th Ave was listed on October 02, 2026, which means it's been on the market for 37 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

36 5th Ave sits on a 0.11-acre lot, which is 4,792 square feet.

What are the property taxes for 36 5th Ave?

The most recent public record shows annual property taxes for 36 5th Ave were approximately $1,677. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 36 5th Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 08, 2026 at 08:27PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: November 08, 2026 at 08:27PM | Source: NorthstarMLS | MLS#: 7154038

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