Tom Gavin

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Listing provided courtesy of Teasdale Realty & Auction Serv, LLC- MLS# 2017660MLS Provider

132 W Water StreetShullsburg, WI 53586

Commercial · 3,460 Sq. ft.
$499,000 Active

132 W Water Street Overview

Time on Site:
118 days
Visits:
24

Grocery store and equipment + inventory! Chance to own your own business in downtown Shullsburg. 1/2 of the store is owned by the Oddfellows and has been rented for years by the grocery store, the other half built in 1920 is being sold. An opportunity to own a thriving grocery store business.

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132 W Water Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,460
  • Price/Sq.ft. $144

Details

General

Income/Expenses

  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Sale Includes: Easements, Equipment, Inventory

Building Information

  • Fuel: Natural gas
  • Water/Waste: Municipal water, Municipal sewer
  • Year Built: 1920

Business Information

  • Current Use: Grocery

Location/Region

  • County Or Parish: Lafayette
  • Postal City: Shullsburg

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Lease Type: Other
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: $3,090.00
  • Tax Assessed Value: $139,500.00
  • Tax Year: 2025

General Information

  • Business Sale: Yes
  • Exclusions: Ice Chest; Pop Cooler; Greeting card displays (all the preceding items are owned by vendors)
  • Features: 3 phase electric, Display window, Security system, Private office(s)
  • Inclusions: 2 Chest freezers; 19 Glass Door Freezers; Deli Case; Rotisserie Chicken Cooker; 3 Door meat cooler; 5 Door produce/beer cooler; 7Door dairy cooler; 3 Open top bunker freezers; Merchandise shelving;2-register POS system; Computer/office eq.; Inventory at time of transfer
  • Parcel Number: 281-0257-0000
  • Property Type: Business/Comm
  • Type: Retail, Grocery
  • Zoning: commercial

Interior

Building Information

  • Total Units/Bldg.: 1
  • Heating/Cooling: Forced air, Central air

Building Interior

  • Building Area Total: 3460
  • Ceiling Height Max: 8
  • Ceiling Height Min: 12

General Information

  • Basement: Full, Other foundation
  • Stories Total: 1

Unit Information

  • Unit 1 Base Annual Rent: $550.00
  • Unit 1 Gross SqFt: 3460

Exterior

Parking Information

  • Onsite Parking: yes
  • Parking Features: 11-20 spaces

Lot Information

  • Street Frontage: 60
  • Lot Size Acres: 0
  • Lot Size Source: Assessor

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber/membrane

132 W Water Street Neighborhood

Community

53586 (Shullsburg) Demographics

40
Median Age
21
Population Density (per sq. mile)
29%
College Educated
$52,000
Estimated Median Income
653
Estimated Total Home Owners
203
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

132 W Water Street Market Data

Based on the last 30 days in this zip code

$318,685
Average List Price
$127
Average Price per Square Foot
0
Properties Sold
74
Average Days on Market
7
Properties for Sale
Calculations provided by Reliance Network

132 W Water Street History

Date Event Value Agent
3/3/2026Source: South Central Wisconsin MLS Added to Database
March 03, 2026