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    185 Main St Gilman, WI 54433

    For Sale
    $210,000

    Turnkey Business Opportunity in Downtown Gilman

    Property size:
    2,852 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property at 185 E MAIN STREET, Gilman, WI presents a rare opportunity to acquire a thriving bar and restaurant with convenient attached living space. The 2,852 square foot building sits on a 0.15-acre lot in the heart of downtown Gilman, offering high visibility and easy access. The Grand Central Station Bar and Grill is fully operational and includes a well-equipped commercial kitchen, ready to serve patrons. A spacious bar area flows seamlessly into a comfortable dining section, creating a welcoming atmosphere for guests. The outdoor beer garden provides additional seating and ambiance, perfect for warmer months. Above the bustling business, a move-in ready residential unit awaits. This 2-bedroom, 1-bathroom apartment offers comfortable living quarters, ideal for the owner-operator. Alternatively, this space presents a lucrative opportunity to generate additional rental income. The property is priced at $210,000 and represents a turnkey business opportunity with significant potential for growth and profitability. This is a unique chance to own a well-established business with the added convenience of on-site living. The property is offered as-is. Contact us today to schedule a viewing and explore this exciting investment prospect.

    Property Features for 185 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,852 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grand Central Station ... Bar & Grill

    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
    -90.81228
    Latitude
    45.16644

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    Nearby Similar for Sale

    • $597,000
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      Cabinet Manufacturing Facility on 19 Acres

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    • $30,000
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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Business Opportunity in Downtown Gilman
    Where is this commercial real estate located?
    The property is located at 185 Main St Gilman, WI.
    What is the asking price?
    The asking price for this property is $210,000.
    (715) 748-2258
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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
    185 Main St Gilman, WI 54433
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