40 & 50 W Main Street, Platteville • $749,900 |
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40 & 50 W Main Street, Platteville
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Property Information
| MLS Number: | 154007 |
| Address: | 40 & 50 W Main Street, Platteville |
| Price: | $749,900.00 |
| Lot Dimensions: | 0.13 |
| Area: | WISCONSIN |
| Status: | Active |
| For Lease: | No |
Courtesy of MLS Reciprocity:
Paige LeConteRemax Advantage
Description of 40 & 50 W Main Street, Platteville
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.Commercial Information for 40 & 50 W Main Street
| Total Units: | 0 | Garage: | 0 |
| Roof: | Rubber | ||
| Terms: | Cash,Financed | ||
