230 E Main St Gilman, WI 54433
For Sale
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This exceptional turnkey opportunity presents the chance to acquire the Grand Gilman Theatre, a well-established entertainment venue located at 230 E MAIN STREET, Gilman, WI. The property boasts a substantial 4,200 square feet of space situated on a 0.15-acre lot. The building itself is constructed of durable concrete block with a low-maintenance metal roof, ensuring minimal upkeep and long-term cost savings. The theatre has recently undergone updates, featuring a 154-seat auditorium complete with a stage, projection screen, and a dedicated dressing room for performers. Conveniently located for patrons, the theatre includes a front ticket booth, a spacious lobby area, a concession stand for refreshments, and two restrooms. Adding to its unique appeal, the upper level offers a dedicated projector room and a private VIP viewing area equipped with a wet bar, providing an exclusive experience for select guests. Priced at $220,000, this property represents a significant investment opportunity in a thriving community. The combination of its established reputation, updated facilities, and attractive price point makes this a truly compelling proposition for a savvy investor seeking a profitable and unique commercial venture. The solid construction and low-maintenance features promise years of reliable operation with minimal ongoing expenses. This is a rare chance to own and operate a thriving community landmark.
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Grand Gilman Theater Cinema Theater & Performing Art Venue
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.