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Listed price in listed location currency (USD).
$749,900

000

MLS® 2016793

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $11,490
Days Active 1
Approx. Age 1900
MLS® Number 2016793

Property Address: 40 & 50 W Main Street, Platteville, WI, 53818

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey downtown investment opportunity delivering immediate cash flow with built-in upside through scheduled rent increases 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. Nearly fully occupied, with only one retail storefront currently vacant, creating additional income potential. Gross operating income is approximately $71, 700 annually, with rent increases already planned for May 2026. Several apartment leases up for renewal mid-2026, providing flexibility for future management strategy. 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.
MLS® Number2016793
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Stove (7) & Refrigerator (7) in each apartment unit.

Rooms

Family Room:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$749,900List Price
  • Commute

Commute

Starting Address
Destination Address
40 & 50 W Main Street, Platteville, WI

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