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    270 Main St Gilman, WI 54433

    For Sale
    $30,000

    Prime Commercial Building, Fire-Gutted, Huge Potential

    Property size:
    13,888 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 13,888 square foot commercial property, situated on a 0.26-acre lot at 270 E MAIN STREET in the heart of downtown Gilman, Wisconsin, presents a unique redevelopment opportunity. Previously a bowling alley with integrated restaurant and bar facilities, plus upper-level living quarters, the building is currently in shell condition following a fire. The structure itself is remarkably sound, boasting a robust poured concrete and cinder block foundation, reinforced with steel I-beams and substantial 2x12 floor joists. Egress windows and a convenient walk-out basement add to its structural integrity and potential for versatile use. The property's central location in Gilman offers unparalleled access to local amenities and a strong potential customer base. Given its size and existing infrastructure, this property is ideal for a variety of development projects, including residential, commercial, or mixed-use ventures. The asking price of $30,000 represents a significant opportunity for investors and developers seeking a high-return project with substantial upside. The cleared interior provides a blank canvas for creative vision and allows for complete customization to suit any chosen development plan. This is a rare chance to acquire a substantial building in a desirable location at an exceptionally attractive price point. Don't miss this chance to shape the future of downtown Gilman.

    Property Features for 270 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,888 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Storage Facility Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilman
    County
    TAYLOR
    State
    Wisconsin
    Longitude
    -90.81107
    Latitude
    45.16631

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Building, Fire-Gutted, Huge Potential
    Where is this commercial real estate located?
    The property is located at 270 Main St Gilman, WI.
    What is the asking price?
    The asking price for this property is $30,000.
    (715) 748-2258
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    Gilman, WI 54433
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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
    270 Main St Gilman, WI 54433
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