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40 & 50 W Main Street Platteville, WI 53818 Commercial - Retail ACTIVE

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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.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1900

General Information

County: Grant
Listed By:
Remax Advantage Paige LeConte 563-588-3078
ECIMLS
$749,900
Est. $4,908/mo
ACTIVE
SQUARE FEET13,102 MLS#154007
STATUSACTIVE PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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40 & 50 W Main Street, Platteville, WI 53818.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,900$749,900$749,900
Down Payment $149,980$26,247$187,475
Monthly Mortgage Amount $3,645$4,534$4,633
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,908$6,127$5,896

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About this area

Wisconsin/Platteville
Platteville

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Find homes for sale in Platteville, WI and learn about the local community and real estate market.

Platteville is the largest city in Grant County in southwestern Wisconsin. The population was 11,224 at the 2010 census, growing 12% since the 2000 Census. Platteville real estate and home buyers enjoy a mining town with a bustling Main street district that remains the center of the community. It continues to provide businesses and commercial services to fulfill the needs of the city, the surrounding farms and the university.

No matter your reason for moving, Ruhl&Ruhl Realtors has plenty of real estate options and homes for sale in Platteville, WI. Continue browsing this page to see all houses for sale in Platteville, WI and learn about Platteville and southwestern Wisconsin real estate. If you need to do a little more research before buying, check out the pages below for additional options.

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Platteville is located in southwestern Wisconsin. View homes for sale in the Southwest Wisconsin area for more real estate options.

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Nearest Ruhl&Ruhl Office
600 Star Brewery Drive Suite 300
Dubuque, IA 52001
Phone Number: (563) 441-1776

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