N7740 State Highway 52 Lily, WI 54491
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.