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112 Carl Erickson AVENUE
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Shell Lake · Other · under $475,000. Alerts only send when there are new or meaningfully updated matching homes.
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The Lark Restaurant is a staple in the bustling community of Shell Lake!! Here you will find the best food around in portions fit for a hungry belly. This property was built in 1991 and has served the community and its guests since. The building is 2134 sq ft with a full basement for storage. There are two “sides” to the main floor serving as two separate dining rooms. There is seating for 70+ inside and around 20 outside on the patio. The kitchen has seen some updates to the equipment, as well as the dining rooms over the last couple of years have been remodeled. The shingles were replaced in 2020, there are two floor model furnaces for heat, central air conditioning and the hot water tank was replaced in 2021. They currently are open 6 days a week from 10am to 7pm, in the summer they are open 7 days a week. Ideally operating with 6-7 staff in the winter months and more during the busy summer lake season. The lark enjoys fabulous views of Memorial Lake Regional Park Golf Course fairways and is right in the heart of the community. If you’re interested in taking over this well-established and loved business in Shell Lake contact your agent for more information. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Oct 15, 2025.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Shell Lake. The listing facts above are live.