Active Under Contract
Excellent investment opportunity with many possibilities on almost 15 acres located in the city limits of Shell Lake. Develop the 22,000 sq. ft former primary school into apartments, senior housing, general commercial space or remove the building and develop! Shell Lake is in need of affordable single family housing, senior housing and rental properties so this is a prime location for any developer or contractor. The city of Shell Lake may assist with the extension of city sewer and water which is in place. Current independent appraisal is available to view, supporting current list price. 4 plans shown in the pictures are for example only and would need final city approval. School reserves the right to accept, reject or counter any bids or plans and/or bids. All development subject to final approval from the city of Shell Lake.
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Office Lakeplace.com - NW WI, 715-416-0511
Updated 4:17PM - 7/3/2022
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