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MLS# 7168891 - 230 Industrial Boulevard Shell Lake, WI 54871
Exceptional Commercial Investment Opportunity in Shell Lake, WI! This impressive 19,440 sq ft commercial building on 2.04 acres offers outstanding potential for business owners, investors, and entrepreneurs. With the flexibility to accommodate multiple businesses under one roof, this property presents an excellent opportunity to generate additional income by leasing portions of the building while maintaining space for your own operations. A 2022 addition measuring 72’ x 89’ features 16-foot ceilings and substantial additional space for a variety of commercial uses. The interior includes a 25’ x 32’ office, a 38’ x 25’ showroom, a 28’ x 12’ break room with bathroom, three bathrooms, and two utility rooms measuring 9’ x 15’ and 10’ x 10’. Additional features include multiple overhead garage doors (two 14’ x 12’ doors and one 12’ x 9’ door). Spray foam insulation helps keep utility costs extremely low for a building this size. The spacious parking lot offers ample room for customers, employees, and business operations. Conveniently located on Industrial Boulevard with easy access to Highway 63 and Interstate 53, the property is well-positioned for a variety of commercial ventures. Shell Lake Beach, the campground, and local businesses are all within walking distance, adding to the location’s appeal. Bring your vision and unlock the potential! Whether you’re looking to expand an existing business, establish a new operation, or invest in a versatile commercial property with potential rental income, this property offers a rare opportunity. The existing business may also be available for separate purchase, with pricing and terms negotiable.

Dane Arthur Real Estate Agency is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Dan Kavanaugh is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Dan Kavanaugh, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at .
Equal Housing Opportunity.

Exceptional Commercial Investment Opportunity in Shell Lake, WI! This impressive 19,440 sq ft commercial building on 2.04 acres offers outstanding potential for business owners, investors, and entrepreneurs. With the flexibility to accommodate multiple businesses under one roof, this property presents an excellent opportunity to generate additional income by leasing portions of the building while maintaining space for your own operations. A 2022 addition measuring 72’ x 89’ features 16-foot ceilings and substantial additional space for a variety of commercial uses. The interior includes a 25’ x 32’ office, a 38’ x 25’ showroom, a 28’ x 12’ break room with bathroom, three bathrooms, and two utility rooms measuring 9’ x 15’ and 10’ x 10’. Additional features include multiple overhead garage doors (two 14’ x 12’ doors and one 12’ x 9’ door). Spray foam insulation helps keep utility costs extremely low for a building this size. The spacious parking lot offers ample room for customers, employees, and business operations. Conveniently located on Industrial Boulevard with easy access to Highway 63 and Interstate 53, the property is well-positioned for a variety of commercial ventures. Shell Lake Beach, the campground, and local businesses are all within walking distance, adding to the location’s appeal. Bring your vision and unlock the potential! Whether you’re looking to expand an existing business, establish a new operation, or invest in a versatile commercial property with potential rental income, this property offers a rare opportunity. The existing business may also be available for separate purchase, with pricing and terms negotiable.

Dane Arthur Real Estate Agency is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Dan Kavanaugh is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Dan Kavanaugh, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at .
Equal Housing Opportunity.