270 Main St Gilman, WI 54433
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.
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.