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Active
40 & 50 W Main ST Platteville, WI 53818
13,102 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type COMMERCIAL
Listing Status Active
Purchase Type For Sale
Square Footage 13,102 sqft
Price per Sqft $57
MLS Listing ID 154007
Year Built 1900
Property Sub-Type COMMERCIAL
Property Description
Fully occupied with a CAP RATE OF 8.00%. Turnkey downtown investment opportunity delivering immediate cash flow and minimal future capital needs. This mixed-use property in Platteville features two Main Street retail storefronts and seven upper-level apartment units offering a mix of one- and two-bedroom layouts. Gross operating income is approximately $85,800 annually. Recent 2026 capital improvements include new gas furnaces, hot water heaters, and a new GAF roof system. Apartment interiors have been updated with newer flooring, paint, and some appliances. Includes two rear off-street parking spaces plus convenient Main Street parking.
Location
State WI
County Grant
Area Wisconsin
Zoning B-2
Interior
Heating Forced Air, Other
Cooling Other
Flooring Other, Wood
Exterior
Utilities Available 6660
Roof Type Rubber
Others
Acceptable Financing Cash, Financed
Listing Terms Cash, Financed
Listed by Remax Advantage