Lake Koshkonong Supper Club
11802 N Charley Bluff, Milton, WI 53563
Turnkey supper club with lake frontage and residence.
Type:Retail
Property size:
5,987 SFPrice / SF:
$267/SF- Added:
- May 15, 2026
- Days on Market:
- 17
- Last Refresh:
- May 17 at 8:48 pm
Property Features for 11802 N Charley Bluff
General Information
- Standard status
- Active
- Size
- 5,987 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1910
Listing agent Ashley Nelson License #81177-94
Listing office Century 21 Affiliated
Listing date May 15, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Affiliated
HighLights
- Turnkey and thriving supper club with an established reputation and clientele.
- 280 feet of prime Lake Koshkonong frontage with unforgettable sunset views.
- Lakeside patio with panoramic water views for dining and cocktails.
- Includes an attached private residence (1 bedroom, updated bathroom, walk‑in closet) for owner occupancy or on‑site management.
- New pier provides easy docking for boaters to access the restaurant.
- Known for legendary lobster boils and prime rib, offering a classic Wisconsin dining experience.
Overview
This is a turnkey supper club opportunity located on the shores of Lake Koshkonong, featuring 280 feet of lake frontage and sunset views. This established destination is known for its lobster boils and prime rib, offering the Wisconsin dining experience. Guests can enjoy cocktails and dinner on the lakeside patio with water views, or dine indoors surrounded by supper club ambiance, complete with a fireplace. Boaters can utilize the new pier to dock and enjoy dinner by water. The property also includes an attached private residence, featuring 1 bedroom, an updated bathroom, and a walk-in closet. The property size is 5987 square feet.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.3k | $21.60 |
| − Vacancy | −$3.4k | −$0.56 |
| EGI | $126.0k | $21.04 |
| − OpEx | −$31.5k | −$5.26 |
| NOI | $94.5k | $15.78 |
5,987 SF · lease $21.60/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.35M
$1.18M – $1.57M
NOI $94,468 @ 7.0% cap · market cap 5.90%
Second Best
Hotel Hospitality
$545.2K
$477.1K – $636.1K
NOI $38,166 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,711 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Buckhorn Supper Club
Restaurant
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Rock
- State
- Wisconsin
- Longitude
- -88.9764221
- Latitude
- 42.8422912
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Turnkey supper club with lake frontage and residence.
Where is this conventional restaurant located?
The property is located at 11802 N Charley Bluff Milton, WI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Turnkey and thriving supper club with an established reputation and clientele.; 280 feet of prime Lake Koshkonong frontage with unforgettable sunset views.; Lakeside patio with panoramic water views for dining and cocktails.
