185 E Main St Gilman, WI 54433
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.
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Grand Central Station Bar and Grill Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.