40 & 50 W main Street, Platteville, WI 53818
40 & 50 W main Street, Platteville, WI 53818
40 & 50 W main Street, Platteville, WI 53818
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
Kenneth Kaiser

Kenneth Kaiser

+1(608) 843-5227
Listed by RE/MAX Advantage Realty
$749,900
Est. payment /mo
10,074 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Office

Listing Status Active

Purchase Type For Sale

Square Footage 10,074 sqft

Price per Sqft $74

MLS Listing ID 2016793

Year Built 1900

Annual Tax Amount $11,490

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Retail,Office

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 Platteville - C

Zoning B-2

Direction Coming up Main St. from Water St. the building is on the right side of the street. The 2 store fronts between Bargain Nook and Erschen's Florists.

Interior

Heating Forced air, Other

Cooling Forced air, Other

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

Exterior

Parking Features 1-5 spaces, Paved

Roof Type Rubber/membrane

Building

Story 3

Water Municipal sewer, Municipal water

Structure Type Wood,Brick,Stone

Others

SqFt Source Seller

Energy Description Electric,Oil

Read Less Info
South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Kenneth Kaiser

Kenneth Kaiser

Broker Associate | License ID: 55328-90

+1(608) 843-5227

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Kenneth Kaiser, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

QUICK SEARCH
VIEW MORE