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    N7740 State Highway 52 Lily, WI 54491

    For Sale
    $195,000

    Profitable Bar & Grill, Waterfront Location

    Property size:
    2,352 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional turnkey business opportunity presents the Lily Junction Bar & Grill, a well-established commercial property situated on 0.9 acres at the intersection of State Highways 52 and 55 in Lily, Wisconsin. Boasting 2,352 square feet, the property enjoys 210 feet of prime Lily River frontage, attracting a diverse clientele including locals, outdoor enthusiasts (UTV, ATV, snowmobilers, rafters, kayakers, and fishermen), and vacationers. The main floor features a rustic log-top bar, a fully equipped kitchen, a dining area, and two public restrooms. Upstairs, four bedrooms, a full bathroom, and a large walk-in closet offer additional income potential through Airbnb rentals. A spacious deck provides outdoor dining space, complemented by a stage for concerts and events. A 26x34, three-car garage offers ample storage. The property includes all furniture, fixtures, and equipment, making it truly turnkey. A new furnace and AC unit were recently installed. The roof on both the bar and garage was replaced in 2020. All licenses are current. The sellers are motivated and will consider a lease option at $2500 per month for a one-year contract. This property presents a unique opportunity

    Property Features for N7740 State Highway 52

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,352 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lily
    County
    LANGLADE
    State
    Wisconsin
    Longitude
    -88.85399
    Latitude
    45.30711

    FAQs

    What type of property is this?
    Commercial real estate - Profitable Bar & Grill, Waterfront Location
    Where is this commercial real estate located?
    The property is located at N7740 State Highway 52 Lily, WI.
    What is the asking price?
    The asking price for this property is $195,000.
    (715) 627-4181
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N7740 State Highway 52 Lily, WI 54491
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