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MLS # 1550927 - $179,900

36 5th AVE - Shell Lake, WI 54871

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Property Description

$179,900  |  MLS # 1550927  |  36 5th AVE - Shell Lake, WI 54871

EXCELLENT CASH FLOW OPPORTUNITY WITH A COMBINATION BUSINESS AND 2 BDRM APARTMENT! HIGHLY SUCCESSFUL AND IN OPERATION FOR OVER 20 YEARS, THIS MAIN ST RESTAURANT IS PRIMED AND READY FOR A NEW OWNER TO EASILY MOVE IN AND TAKE OVER. RENT OUT THE WELL MAINTAINED 2 BEDROOM APARTMENT ABOVE AND PRACTICALLY HAVE YOUR MORTGAGE COVERED! PROPERTY COMES WITH EVERYTHING INCLUDED, AND CURRENT OWNER IS WILLING TO STAY ON (FOR A PERIOD) TO PROVIDE THE PROFITABLE BUSINESS A SMOOTH TRANSITION. BONUS: IT EVEN COMES WITH ITS OWN LIQUOR LICENSE SO THE POSSIBILITIES HERE ARE TRULY ENDLESS. KEEP IT AS THE QUAINT SMALL TOWN CAFE THAT IT IS, OR CREATE YOUR OWN ESTABLISHMENT. CONTACT US TODAY FOR MORE DETAILS, AN OPPORTUNITY TO SEE THE BOOKS AND A FULL LIST OF ALL THE INCLUSIONS.

Property Details

$179,900  |  MLS # 1550927  |  36 5th AVE - Shell Lake, WI 54871

Zoning: Commercial
Acreage: 0.1074
Lot Size: 134 x 36 x 134 x 36
Exterior: Brick
Basement: Full
Foundation: Block
Fuel Source: NaturalGas
Heating: Forced Air
Cooling: Central
Sewer: City Sewer
Courtesy Listing: LakePlace.com - Shell Lake

Additional Details

Year Built: 1920
SqFt Above Grade: 2520
Taxes: $1,771
Tax Year: 2020

Approximate Location

$179,900  |  MLS # 1550927  |  36 5th AVE - Shell Lake, WI 54871

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$179,900  |  MLS # 1550927  |  36 5th AVE - Shell Lake, WI 54871

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Contact Dave McNulty - 715-416-0511

Re: $179,900  |  MLS # 1550927  |  36 5th AVE - Shell Lake, WI 54871

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  • Dave McNulty

    Listing Agent

    Shell Lake Office

    715-416-0511

    dave.mcnulty@lakeplace.com

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