REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 749,900
Est. payment | /mo
13,102 SqFt
$ 749,900
Est. payment | /mo
13,102 SqFt
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
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.
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
Nearby Locations
GET MORE INFORMATION
EXIT Unlimited
Brokerage | License ID: T06463000