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For Sale
$1,600,000

11802 N Charley Bluff Road, Milton, WI 53563

COMMERCIAL - Milton, WI

Property Size5,987 SF
Lot Size1.83 Acres
Price / SF$267.25
Days on Market81

Property Features for 11802 N Charley Bluff Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning CR
Security features Security System
Interior features Private Restrooms, Residential unit(s), Security system, Landscaped, Out Building, Water Filter, Water Softener
Lot features Residential area
Directions Hwy 59, W on Cty N, N on Charley Bluff Rd
Subdivision MILTON - T
Standard status Active
APN 6-13-640.24
Size 5,987 SF
Lot size 1.83 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9102

Building Details

Year built 1910
Number of units 1
Roof type Membrane, Metal
Listing Agency: Realty Executives Cooper Spransy · Realty Executives International
Listed By: Ashley Nelson
Added: May 17 Changed: Aug 5 Last Checked: Aug 5 at 1:06PM
MLS# 2023374

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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 (±1% cap)
NOI $94,468 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$693.6K
$606.9K – $809.3K (±1% cap)
NOI $48,555 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,711 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Buckhorn Supper Club Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Gym & Fitness Center Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53563, WI

11,503
Population
4,672
Households
2.5
Avg Household Size
42
Median Age
31%
College-Educated
96%
High-School Grad
67.0 sq mi
ZIP Area
172
Density / Sq Mi
$89,397
Median Household Income
$47,742
Median Earnings
$972
Median Rent
$270,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

Where is this conventional restaurant located?
The property is located at 11802 N Charley Bluff Road Milton, WI.
What is the asking price?
The asking price for this property is $1,600,000.
More about this property
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